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Current ratio 2.5:1 liquid ratio 1.6:1, inventory Rs 48000 calculate current asset, current liabilities and liquid asset?
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Current ratio 2.5:1 liquid ratio 1.6:1, inventory Rs 48000 calculate c...
Current asset - quick asset = inventory
2.5x-1.6x = 48000
find x and then you will get answers
2.5x-1.6x = 48000
find x and then you will get answers
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Current ratio 2.5:1 liquid ratio 1.6:1, inventory Rs 48000 calculate c...
Calculation of Current Assets, Current Liabilities, and Liquid Assets:
Current Ratio = Current Assets / Current Liabilities
2.5 = Current Assets / Current Liabilities
Hence, Current Assets = 2.5 x Current Liabilities
Liquid Ratio = Liquid Assets / Current Liabilities
1.6 = Liquid Assets / Current Liabilities
Hence, Liquid Assets = 1.6 x Current Liabilities
Given, Inventory = Rs. 48,000
Calculation of Current Assets:
Current Assets = 2.5 x Current Liabilities
We know that Current Assets = Liquid Assets + Inventory
Therefore, 2.5 x Current Liabilities = 1.6 x Current Liabilities + Rs. 48,000
0.9 x Current Liabilities = Rs. 48,000
Current Liabilities = Rs. 53,333.33
Hence, Current Assets = 2.5 x Rs. 53,333.33 = Rs. 133,333.33
Calculation of Liquid Assets:
Liquid Assets = 1.6 x Current Liabilities
Therefore, Liquid Assets = 1.6 x Rs. 53,333.33 = Rs. 85,333.33
Therefore, the Current Assets, Current Liabilities, and Liquid Assets are as follows:
Current Assets = Rs. 133,333.33
Current Liabilities = Rs. 53,333.33
Liquid Assets = Rs. 85,333.33
In conclusion, the current ratio is a measure of a company's ability to pay off its short-term liabilities with its current assets, while the liquid ratio measures the company's ability to pay off its current liabilities with its liquid assets. By calculating the current assets, current liabilities, and liquid assets, we can determine a company's financial health and liquidity.
Current Ratio = Current Assets / Current Liabilities
2.5 = Current Assets / Current Liabilities
Hence, Current Assets = 2.5 x Current Liabilities
Liquid Ratio = Liquid Assets / Current Liabilities
1.6 = Liquid Assets / Current Liabilities
Hence, Liquid Assets = 1.6 x Current Liabilities
Given, Inventory = Rs. 48,000
Calculation of Current Assets:
Current Assets = 2.5 x Current Liabilities
We know that Current Assets = Liquid Assets + Inventory
Therefore, 2.5 x Current Liabilities = 1.6 x Current Liabilities + Rs. 48,000
0.9 x Current Liabilities = Rs. 48,000
Current Liabilities = Rs. 53,333.33
Hence, Current Assets = 2.5 x Rs. 53,333.33 = Rs. 133,333.33
Calculation of Liquid Assets:
Liquid Assets = 1.6 x Current Liabilities
Therefore, Liquid Assets = 1.6 x Rs. 53,333.33 = Rs. 85,333.33
Therefore, the Current Assets, Current Liabilities, and Liquid Assets are as follows:
Current Assets = Rs. 133,333.33
Current Liabilities = Rs. 53,333.33
Liquid Assets = Rs. 85,333.33
In conclusion, the current ratio is a measure of a company's ability to pay off its short-term liabilities with its current assets, while the liquid ratio measures the company's ability to pay off its current liabilities with its liquid assets. By calculating the current assets, current liabilities, and liquid assets, we can determine a company's financial health and liquidity.
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Current ratio 2.5:1 liquid ratio 1.6:1, inventory Rs 48000 calculate current asset, current liabilities and liquid asset? Related: NCERT Solution - Chapter 5 : Accounting Ratios - 3, Class 12, Accountancy
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Current ratio 2.5:1 liquid ratio 1.6:1, inventory Rs 48000 calculate current asset, current liabilities and liquid asset? Related: NCERT Solution - Chapter 5 : Accounting Ratios - 3, Class 12, Accountancy for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Current ratio 2.5:1 liquid ratio 1.6:1, inventory Rs 48000 calculate current asset, current liabilities and liquid asset? Related: NCERT Solution - Chapter 5 : Accounting Ratios - 3, Class 12, Accountancy covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Current ratio 2.5:1 liquid ratio 1.6:1, inventory Rs 48000 calculate current asset, current liabilities and liquid asset? Related: NCERT Solution - Chapter 5 : Accounting Ratios - 3, Class 12, Accountancy.
Current ratio 2.5:1 liquid ratio 1.6:1, inventory Rs 48000 calculate current asset, current liabilities and liquid asset? Related: NCERT Solution - Chapter 5 : Accounting Ratios - 3, Class 12, Accountancy for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Current ratio 2.5:1 liquid ratio 1.6:1, inventory Rs 48000 calculate current asset, current liabilities and liquid asset? Related: NCERT Solution - Chapter 5 : Accounting Ratios - 3, Class 12, Accountancy covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Current ratio 2.5:1 liquid ratio 1.6:1, inventory Rs 48000 calculate current asset, current liabilities and liquid asset? Related: NCERT Solution - Chapter 5 : Accounting Ratios - 3, Class 12, Accountancy.
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