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From the Following Compute Current Ratio: - Accountancy

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प्रश्न

From the following compute Current Ratio:

     
Trade Receivable (Sundry Debtors) 1,80,000   Bills Payable 20,000
Prepaid Expenses 40,000   Sundry Creditors 1,00,000
Cash and Cash Equivalents 50,000   Debentures 4,00,000
Marketable Securities 50,000   Inventories 80,000
Land and Building 5,00,000   Expenses Payable 80,000
योग

उत्तर

Current Assets = Trade Receivables + Pre-paid Expenses + Cash and Cash Equivalents +
Marketable Securities + Inventories
= Rs 1,80,000 + Rs 40,000 + Rs 50,000 + 50,000 + 80,000 = Rs 4,00,000

Current Liabilities = Bills Payable + Sundry Creditors + Expenses Payable
= Rs 20,000 + Rs 1,00,000 + Rs 80,000 = Rs 2,00,000

`"Current Ratio" = "Current Assets"/"Current Liabilities" = 400000/200000` = 2 : 1

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अध्याय 3: Accounting Ratios - Exercises [पृष्ठ ९१]

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टीएस ग्रेवाल Accountancy - Analysis of Financial Statements [English] Class 12
अध्याय 3 Accounting Ratios
Exercises | Q 1 | पृष्ठ ९१

संबंधित प्रश्न

Current Ratio is 3.5 : 1. Working Capital is Rs 90,000. Calculate the amount of Current Assets and Current Liabilities.


Compute Gross Profit Ratio, Working Capital Turnover Ratio, Debt Equity Ratio and Proprietary Ratio from the following information:

 

 

Rs

Paid-up Share Capital

5,00,000

Current Assets

4,00,000

Revenue from Operations

10,00,000

13% Debentures

2,00,000

Current Liabilities

2,80,000

Cost of Revenue from Operations

6,00,000

 


Working Capital  ₹  3,60,000; Total :Debts  ₹ 7,80,000; Long-term Debts ₹ 6,00,000; Inventories  ₹ 1,80,000. Calcltate Liquid Ratio.


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From the following calculate: (i) Current Ratio; and (ii) Quick Ratio:

 
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Total Assets 8,00,000 Long-term Provisions 2,00,000
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Particulars
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Additional information:

Particulars 31.3.2019
(₹)
31.3.2018
(₹)
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