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Current investment = 40000 Inventories. = …

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Current investment = 40000 Inventories. = 5000 Trade recivable. = 2000 Short term borrowing = 20000 Trade payble. = 2500 Short term provison = 3000 Other current liabilities = 5000 Short term loan and advances = 4000 Tangible assets = 100000 Cash and cash equivalents = 10000

Posted by Pragya Vaishnav 6 years, 10 months ago

CBSE > Class 12 > Accountancy

2 answers

Tanisha Garg 6 years, 10 months ago

Current assets = 40000+5000+2000+4000+10000= 61000 Current liabilities= 20000+ 2500+5000+3000=30500 Current ratio = 61000/30500= 2:1 Quick assets = 61000- 5000= 56000 Quick ratio = 56000/30500=1.83/1

Pragya Vaishnav 6 years, 10 months ago

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