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Accountancy
Accounting Ratios
What will be the current liabilities of the company if its current assets are ₹29745 and the current ratio is 1.5:1, and inventories are ₹8827?
₹19380
₹13980
₹20918
₹19830
Current ratio= current assets / current liabilities 1.5:1 = 29745/ current liabiltitesCurrent liabilities = 29745/1.5 = ₹19830