Q. 19. Current Assets ₹ 6,00,000; Inventories ₹ 1,20,000; Working Capital ₹ 5,04,000. Calculate Quick Ratio.
[Ans.: Quick Ratio = 5 : 1.]
Solution:-

Q. 19. Current Assets ₹ 6,00,000; Inventories ₹ 1,20,000; Working Capital ₹ 5,04,000. Calculate Quick Ratio.
[Ans.: Quick Ratio = 5 : 1.]
Solution:-


Worked as a lecturer , educator
I am a M. Com Gold Medalist from Osmania University in 1999. And a UGC NET Qualified in June 1999.
My passion and interest are in the areas of Accountancy & Financial Management. Over the last ~20 years, I have been teaching students (predominantly in Class XI, XII – All Boards and B. Com Students across Universities.