Current assets are twice the current liabilities. If the net working capital is ₹60,000, current assets would be :

CS Executive · Financial and Strategic Management · PYQS · December 2020
Current assets are twice the current liabilities. If the net working capital is ₹60,000, current assets would be :
(A) ₹60,000
(B) ₹1,00,000
(C) ₹1,20,000
(D) ₹1,10,000

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Financial Management

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