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A Company’s Current Ratio is 3 : 1 and Liquid Ratio is 1.2 : 1. If its Current Liabilities are ₹ 2,00,000, what will be the value of inventory? - Accounts

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प्रश्न

A Company’s Current Ratio is 3 : 1 and Liquid Ratio is 1.2 : 1. If its Current Liabilities are ₹ 2,00,000, what will be the value of inventory?

विकल्प

  • ₹ 2,40,000

  • ₹ 3,60,000

  • ₹ 4,00,000

  • ₹ 40,000

MCQ
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उत्तर

₹ 3,60,000

Explanation:

Current Ratio = `"Current Assets"/"Current Liabilities"`

3 = `("Current Assets")/(2,00,000)`

Current Assets = 2,00,000 × 3

= ₹ 6,00,000

Liquid Ratio = `"Liquid Assets"/"Current Liabilities"`

1.2 = `("Liquid Assets")/(2,00,000)`

Liquid Assets = 2,00,000 × 1.2

= ₹ 2,40,000

Inventory = Current Assets − Liquid Assets

= 6,00,000 − 2,40,000

= ₹ 3,60,000

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अध्याय 14: Ratio Analysis - OBJECTIVE TYPE QUESTIONS [पृष्ठ १४.१६३]

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डी. के. गोएल Accountancy Volume 1 and 2 [English] Class 12 ISC
अध्याय 14 Ratio Analysis
OBJECTIVE TYPE QUESTIONS | Q 37. | पृष्ठ १४.१६३
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