Cash Balance Rs15,000; Trade Receivables Rs35,000; Inventory Rs40,000; Trade Payables Rs24,000 and Bank Overdraft is Rs6,000. Current Ratio will be:

03:01

Current Assets = Cash Balance Rs15,000 + Trade Receivables Rs35,000 + Inventory Rs40,000
                        = ₹90000
Current Liabilities= Trade Payables Rs24,000 +  Bank Overdraft is Rs6,000
                            =30,000
Current Ratio = 90,000/30,000
                         =3:1