If current ratio is 2.5, Acid test ratio is 1.2 and net working capital is ₹1,80,000, the value of liquid assets would be :

CS Executive · Corporate and Management Accounting · PYQS · December 2022
If current ratio is 2.5, Acid test ratio is 1.2 and net working capital is ₹1,80,000, the value of liquid assets would be :
(A) ₹1,44,000
(B) ₹1,24,000
(C) ₹1,20,000
(D) ₹1,38,462

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Financial Statements Analysis

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