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Current ratio is 2.5 working capital …

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Current ratio is 2.5 working capital is 15000 calculate the amount of current assets and current liabilities.

Posted by Anshul Diwakar 6 years, 10 months ago

CBSE > Class 12 > Accountancy

2 answers

Shanu Kumari 6 years, 10 months ago

Currtent ratio = current assets /current liab 2.5 = current assets / current liab 2.5 *current liab = current asset Working capital = current asset - current liab 15000= 2.5*CL -CL 15000= 1.5 CL 15000/1.5= CL CL = 10000 CA = 2.5* 10000= 25000

Shubham Swami 6 years, 10 months ago

Current assets - current liabilities=15000 & current ratio is 2.5;current assets /current liabilities=2.5 So,current assets=2.5 current liabilities Now from above equation, 2.5 current liabilities - current liabilities=15000 Currrent liabilities=10000 So,current assets= 25000

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