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easyMCQCUET Accountancy 2022 8 Aug Shift 22026Accountancy
1 mark

Current ratio is , current liabilities Rs. , the amount of current assets will be:

  1. A
    Rs.
  2. B
    Rs.
  3. C
    Rs.
  4. D
    Rs.

Solution & Step-by-step Explanation

If the current ratio is given conventionally as (often mistyped as in source), Current Assets = Current Liabilities . Thus, Current Assets = Rs. .

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Current ratio is , current liabilities Rs. , the amount of current assets will be:
A
Rs.
B
Rs.
C
Rs.
D
Rs.

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