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Current ratio is 2.5 working capital …

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Current ratio is 2.5 working capital is 150000 calculate the amount of current assets and current liabilities
  • 2 answers

Aleena Mariam John 5 years, 9 months ago

CR = CA/CL 2.5=CA/CL 2. 5CL=CA WC=150000 WC=CA-CL 150000=2.5CL-CL 150000=1.5CL CL=150000/1.5 CL=1500000/15 =100000 CA=2. 5CL CA=2. 5*100000 =250000

Aleena Mariam John 5 years, 9 months ago

Current asset 250000 current liability 100000
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