If, Total assets = ₹3,00,000
Non-current liabilities = ₹80,000
Shareholders fund = ₹2,00,000
Non-current assets :
Fixed assets = ₹1,60,000
Non-current investments = ₹1,00,000
Then, Current Ratio is:
Answer & explanation
Correct answer: option 1
The correct answer is option 1- 2:1.
Total assets = ₹3,00,000
Non-current liabilities = ₹80,000
Shareholders fund = ₹2,00,000
Non-current assets = Fixed assets + Non-current investments
= ₹1,60,000 + ₹1,00,000
= 2,60,000
Current assets = Total assets - Non-current assets
= 3,00,000 - 2,60,000
= 40,000
Current liabilities = Total assets - Shareholders fund - Non-current liabilities
= 3,00,000 - 2,00,000 - 80,000
= 20,000
CURRENT RATIO = Current assets/Current liabilities
= 40,000/20,000
= 2:1