Calculate current ratio when :
|
Total asset |
₹ 3,00,000 |
|
Fixed asset |
₹ 1,60,000 |
|
Non current investments |
₹ 1,00,000 |
|
Non-current Liabilities |
₹ 80,000 |
|
Shareholders fund |
₹ 2,00,000 |
Answer & explanation
Correct answer: option 4
The correct answer is Option (4) → 2 : 1
Current ratio = $\frac{\text{Current Assets}}{\text{Current Liabilities}}$
$=\frac{40,000}{20,000} = 2 : 1$
Working notes :
Current assets = Total assets - Fixed assets - Non current investments
= 3,00,000 - 1,60,000 - 1,00,000
= ₹40,000
Current Liabilities = Total assets - shareholders funds - non current liability
= 3,00,000 - 80,000 - 2,00,000
= 20,000