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Question
Solve the following:
If current assets are Rs 2,50,000 and current liabilities are Rs 1,25,000. What will be current ratio?
Sum
Solution
Current Assets = Rs. 250000 (Given)
Current Liabilities = Rs. 125000 (Given)
Current Ratio = `"Current Assets"/"Current Liabilities"` = `[250,000]/[125,000]` = 2 : 1
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