Following data is available from the records of X Ltd Inventories 1,00,000 Trade Receivables 1,05,000
Following data is available from the records of X Ltd:
|  | ₹ |  | ₹ |
|
Inventories Trade Receivables Advance Tax Cash in Hand Net Profit after Tax Trade Payables |
1,00,000 1,05,000 8,000 60,000 2,50,000 2,00,000 |
Bank Overdraft Reserves and Surplus 8% Preference Share Capital Equity Share Capital Provision for Doubtful Debts |
8,000 60,000 5,00,000 10,00,000 5,000 |
Calculate (i) Current Ratio, and (ii) Quick Ratio.
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