Quick Assets ₹ 3,00,000; Inventory (Stock) ₹ 80,000; Prepaid Expenses ₹ 20,000; Working Capital ₹ 2,40,000. Calculate Current Ratio.
Quick Assets ₹ 3,00,000; Inventory (Stock) ₹ 80,000; Prepaid Expenses ₹ 20,000; Working Capital ₹ 2,40,000. Calculate Current Ratio.
[Ans.: Current Ratio = 2.5 : 1.]
Anurag Pathak Changed status to publish August 1, 2023