Practicing Success

Target Exam

CUET

Subject

Accountancy

Chapter

Accounting Ratios

Question:
PARTICULARS AMOUNT (₹)
Total assets 800000
Fixed assets 540000
Non-current investments 110000
Shareholder's funds 600000
Non-current liabilities 80000

Calculate current assets from the following information.

Options:

₹200000

₹100000

₹250000

₹150000

Correct Answer:

₹150000

Explanation:

Current assets=  Total assets - Fixed assets - Non-current investments
                     = 800000 - 540000 - 110000
                      = ₹150000