Advertisements
Advertisements
प्रश्न
From the following information, calculate the (i) Current Ratio and (ii) Quick Ratio:
| Particulars | ₹ |
| Total Debt | 12,00,000 |
| Total Assets | 16,00,000 |
| Property, Plant and Equipment | 6,00,000 |
| Non-current Investments | 1,00,000 |
| Long-term Loans & Advances | 1,00,000 |
| Long-term Borrowings | 4,00,000 |
| Long-term Provisions | 4,00,000 |
| Inventories | 1,90,000 |
| Prepaid Expenses | 10,000 |
Advertisements
उत्तर
Calculation of Current Liabilities:
$$\text{Long-term Debt} = \text{Long-term Borrowings} + \text{Long-term Provisions}$$
$$\text{Long-term Debt} = 4,00,000 + 4,00,000 = {₹\ 8,00,000}$$
$$\begin{aligned} \text{Current Liabilities} &= \text{Total Debt} - \text{Long-term Debt} \\ &= 12,00,000 - 8,00,000 \\ &= {₹\ 4,00,000} \end{aligned}$$
Calculation of Current Assets:
$$\begin{aligned} \text{Current Assets} &= \text{Total Assets} - (\text{Fixed Assets} + \text{Non-current Investments} + \text{Long-term Loans \& Advances}) \\ &= 16,00,000 - (6,00,000 + 1,00,000 + 1,00,000) \\ &= 16,00,000 - 8,00,000 \\ &= {₹\ 8,00,000} \end{aligned}$$
(i) Current Ratio:
$$\text{Current Ratio} = \frac{\text{Current Assets}}{\text{Current Liabilities}}$$
$$\text{Current Ratio} = \frac{8,00,000}{4,00,000} = 2$$
$${\text{Current Ratio} = 2 : 1}$$
Calculation of Quick Assets:
$$\begin{aligned} \text{Quick Assets} &= \text{Current Assets} - (\text{Inventories} + \text{Prepaid Expenses}) \\ &= 8,00,000 - (1,90,000 + {10,000}) \\ &= 8,00,000 - 2,00,000 \\ &= {₹\ 6,00,000} \end{aligned}$$
(ii) Quick Ratio
$$\begin{aligned} \text{Quick Ratio} &= \frac{\text{Quick Assets}}{\text{Current Liabilities}} \\ &= \frac{6,00,000}{4,00,000} = {1.5 : 1} \end{aligned}$$
