Calculate current ratio from the following
Working capital ?480000
Current assets ?600000
Inventory ?400000
Trade receivable ?150000
Dear student,
Current assets are given as Rs. 600000
Working capital = current assets- current liabilities
Therefore current Liabilities= current assets - Working capital
Current liabilities = 600000-480000
=Rs.120000
Therefore the current ratio is
Current assets are given as Rs. 600000
Working capital = current assets- current liabilities
Therefore current Liabilities= current assets - Working capital
Current liabilities = 600000-480000
=Rs.120000
Therefore the current ratio is