Page No
4.101:
Question
6:
Current Ratio is 2.5, Working Capital is ` 1,50,000. Calculate the amount of Current Assets and Current Liabilities.
Answer:
Current Ratio=Current Assets/Current Liabilities
2.5=Current Assets/Current Liabilities
Current Assets=2.5×Current Liabilities
Working Capital=Current Assets-Current Liabilities
=1,50,000=2.5
Current Assets-Current Liabilities
Current Liabilities=1,50,000/1.5
Current Liabilities=
` 1,00,000
Current Assets=2.5
Current
Assets=Current Liabilities × Ratio of Current Assets
Current
Assets=2.5×1,00,000
Current
Assets= ` 2,50,000
Page No
4.101:
Question 7: Working Capital is `18,00,000; Trade Payables `1,80,000; and Other Current Liabilities are `4,20,000. Calculate Current Ratio.
Answer:
|
Current Liabilities |
= |
Trade Payables + Other Current Liabilities |
|
Current Liabilities |
= |
1,80,000+4,20,000 |
|
Current Liabilities |
= |
6,00,000 |
|
Current Assets |
= |
Working Capital+ Current Liabilities |
|
Current Assets |
= |
18,00,000+6,00,000 |
|
Current Assets |
= |
24,00,000 |
|
Current Ratio |
= |
Current Assets/ Current Liabilities |
|
Current Ratio |
= |
24,00,000/6,00,000 |
|
Current Ratio |
= |
4/1 = 4:1 |
Page No
4.101:
Question 8: Working Capital `9,00,000; Total Debts (Liabilities) `19,50,000; Long-Term Debts `15,00,000. Calculate Current Ratio.
Answer:
|
Current Liabilities |
= |
Total Debts - Long-Term Debts |
|
Current Liabilities |
= |
19,50,000-15,00,000 |
|
Current Liabilities |
= |
4,50,000 |
|
Current Assets |
= |
Working Capital+ Current Liabilities |
|
Current Assets |
= |
9,00,000+4,50,000 |
|
Current Assets |
= |
13,50,000 |
|
Current Ratio |
= |
Current Assets/ Current Liabilities |
|
Current Ratio |
= |
13,50,000/4,50,000 |
|
Current Ratio |
= |
3/1 = 3:1 |
Page No
4.101:
Question
9:
Current Assets are ` 7,50,000 and Working Capital is ` 2,50,000. Calculate Current Ratio.
Answer:
Current
Assets = ` 7,50,000
Working Capital = ` 2,50,000
Working Capital = Current Assets – Current Liabilities
2,50,000 = 7,50,000 – Current Liabilities
Current Liabilities = 7,50,000 – 2,50,000 = ` 5,00,000
Current ratio= Current assets/Current
liabilities=7,50,000/5,00,000=1.5:1
Page No 4.101:
Question 10:
A company had Current Assets of `4,50,000 and Current Liabilities of `2,00,000. Afterwards it purchased goods for `30,000 on credit. Calculate Current Ratio after the purchase.
Answer:
Before purchased goods
Current Assets of `4,50,000 and Current Liabilities of `2,00,000
Current Ratio after the purchase
Current Ratio= Current Assets+ purchased goods/ Current Liabilities+ purchased goods
Current Ratio= 4,50,000+ 30,000/ 2,00,000+30,000
Current Ratio= 4,80,000/ 2,30,000
Current Ratio= 2.09:1 = 2.09:1
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