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The ratio of Current Assets (₹ 7,50,000) to Current Liabilities (₹ 5,00,000) is 1.5 : 1

514 viewsMarch 13, 2024[ISC] Ratio Analysis

Anurag Pathak28.60K March 13, 2024 0 Comments

The ratio of Current Assets (₹ 7,50,000) to Current Liabilities (₹ 5,00,000) is 1.5 : 1. The accountant of this firm intends to maintain Current Ratio of 2 : 1 by paying part of Current Liabilities. Calculate the amount of Current Liabilities to be paid for this purpose.

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Anurag Pathak28.60K Posted March 13, 2024 0 Comments

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The ratio of Current Assets (₹ 7,50,000) to Current Liabilities (₹ 5,00,000) is 1.5 : 1

1 Answer

Anurag Pathak

1 Answer

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