Student Community

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.

3.35K viewsAugust 2, 2023Accounting Ratios

Anurag Pathak28.65K August 2, 2023 0 Comments

[Ans.: Current Liabilities = ₹ 24,000; Current Assets = ₹ 1,08,000; Quick Assets = ₹ 72,000.]

Anurag Pathak Changed status to publish August 2, 2023

Add a Comment

1 Answer

Anurag Pathak28.65K Posted August 2, 2023 0 Comments

Solution:-

Anurag Pathak Changed status to publish August 2, 2023

Add a Comment

You are viewing 1 out of 1 answers, click here to view all answers.

Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.

Articles: 8142

Telegram Channel

Telegram Channel

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.

1 Answer

Anurag Pathak

1 Answer

Anurag Pathak

Related Questions