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Question
Calculate
| 1) Current Assets | ₹ 3,00,000 |
| 2) Current Liabilities | ₹ 1,00,000 |
What is current Ratio.
Sum
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Solution
Current ratio = `"Current assets" /"Current liabilities"`
= `(3,00,000)/ (1,00,000)`
= `3/1`
= 3: 1
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