Question
Calculate Current Ratio from the following information:
✓
Answer
Current Assets = Total Assets - Fixed Assets - Non Current Investments.
= ₹ 12,00,000 - ₹ 6,00,000 - ₹ 1,00,000 - ₹ 1,40,000
Total Assets will be equal to the Total of Equity & Liabilities.
Hence,
Current Liabilities = Total Assets - Shareholder's Funds - Non Current Liabilities.
= ₹ 12,00,000 - ₹ 8,50,000 - ₹ 1,10,000 = ₹ 2,40,000
Current Ratio $=\frac{\text{Current Assets}}{\text{Current Liabilities}}=\frac{₹\ 3,60,000}{₹\ 2,40,000}=1.5:1$
= ₹ 12,00,000 - ₹ 6,00,000 - ₹ 1,00,000 - ₹ 1,40,000
Total Assets will be equal to the Total of Equity & Liabilities.
Hence,
Current Liabilities = Total Assets - Shareholder's Funds - Non Current Liabilities.
= ₹ 12,00,000 - ₹ 8,50,000 - ₹ 1,10,000 = ₹ 2,40,000
Current Ratio $=\frac{\text{Current Assets}}{\text{Current Liabilities}}=\frac{₹\ 3,60,000}{₹\ 2,40,000}=1.5:1$
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