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:-

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:-


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.