Financial Accounting

1: If the current ratio is 2: 1 and working capital is Rs. 60,000, What is the value of the current assets?
A.

Rs. 60,000

B.

Rs. 1,00,000

C.

Rs. 1,20,000

D.

Rs. 1,80,000

 

Answer : C

Explanation :

BATHINI CHANDRASHEKAR said: (10:44pm on Sunday 25th February 2018)
Wc=ca-clDifference in 1(2-1)=60000Ca=2*60000=120000
joginder said: (6:51am on Tuesday 27th March 2018)
1(2-1)=60000Ca=2*60000=120000 what is this, whereas WC = CA-CL

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Option: A

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