Q. 24. Current Ratio 4; Liquid Ratio 2.5; Inventory ₹ 6,00,000. Calculate Current Liabilities, Current Assets and Liquid Assets.

[Ans.: Current Liabilities = ₹ 4,00,000; Current Assets = ₹ 16,00,000; Liquid Assets = ₹ 10,00,000.]

Solution:-