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Current Liabilities of a Company Are ₹ 6,00,000. Its Current Ratio is 3 : 1 and Liquid Ratio is 1 : 1. Calculate Value of Inventory - Accountancy

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प्रश्न

Current Liabilities of a company are  ₹ 6,00,000. Its Current Ratio is 3 : 1 and Liquid Ratio is 1 : 1. Calculate value of Inventory.

बेरीज

उत्तर

`"Current Ratio" = "Current Assets"/ "Current liability" = 3/1`

`"Acid Test Ratio" = "Liquid Assets"/"Current Liabilities" = 1/1`

Current Liabilities = 6,00,000

Current Assets = 3 × Current Liabilities

= 3 × 6,00,000 = 18,00,000

Liquid Assets = 1 × 6,00,000 = 6,00,000

Inventory = Current Assets − Liquid Assets

= 18,00,000 − 6,00,000 = 12,00,000

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पाठ 3: Accounting Ratios - Exercises [पृष्ठ ९३]

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टीएस ग्रेवाल Accountancy - Analysis of Financial Statements [English] Class 12
पाठ 3 Accounting Ratios
Exercises | Q 19 | पृष्ठ ९३

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