Umesh Ltd. has Current Ratio of 4.5 : 1 and a Quick Ratio of 3 : 1. If its inventory is ₹ 36,000, find out its total Current Assets and total Current Liabilities.
Umesh Ltd. has Current Ratio of 4.5 : 1 and a Quick Ratio of 3 : 1. If its inventory is ₹ 36,000, find out its total Current Assets and total Current Liabilities.
[Ans.: Current Liabilities = ₹ 24,000; Current Assets = ₹ 1,08,000; Quick Assets = ₹ 72,000.]
Anurag Pathak Changed status to publish August 2, 2023