Q. 2. Calculate Current Ratio from the following information:
| Particulars | ₹ | Particulars | ₹ |
| Equity Share Capital | 8,00,000 | Cash and Cash Equivalents | 56,000 |
| Inventories | 1,00,000 | Trade Payables | 60,000 |
| Trade Receivables | 1,20,000 | Short-term Borrowings (Bank Overdraft) |
40,000 |
| Advance Tax | 24,000 | 10% Investments | 80,000 |
[Ans.: Current Ratio = 3 : 1.]
Solution:-
