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CUET
Accountancy
Accounting Ratios
Calculate working capital from the following information-
₹300000
₹350000
₹400000
₹450000
Working capital = current asset - current liabilities = 600000 - 150000 = ₹450000*Current liabilities = Trade payables + Provision for tax = 140000 + 10000 = ₹150000
*Current assets= Inventory + trade receivables + marketable securities + cash and bank balance = 360000 + 170000 +50000 + 20000 = ₹600000