Target Exam

CUET

Subject

-- Accountancy Part B

Chapter

Analysis of Financial Statements

Question:

If the total assets of a firm are ₹11,00,000 and its non-current assets are ₹7,00,000. What will be the percentage of current assets on total assets?

Options:

30%

26.26%

40%

36.36%

Correct Answer:

36.36%

Explanation:

The correct answer is option 4- 36.36%.

Current assets = Total assets - Non current assets
                        = 11,00,000 - 7,00,000
                        = ₹4,00,000

% of C.A to T.A = 4,00,000/11,00,000*100
                        = 36.36%