Target Exam

CUET

Subject

-- Accountancy Part B

Chapter

Accounting Ratios

Question:

The current ratio of a firm is 2:1 and quick ratio is 1:1. If liabilities are Rs.1,00,000 then find the value of working capital.

Options:

Rs 3,00,000

Rs 2,00,000

Rs 1,00,000

Rs 50,000

Correct Answer:

Rs 1,00,000

Explanation:

Right Answer not mentioned in NTA Answer key