N Ltd. has Net working capital of ₹119 Lakh, Total Liabilities ₹225 Lakh and Non-current liabilities are ₹140 Lakh. The Current Ratio will be :

CS Executive · Corporate and Management Accounting · PYQS · December 2019
N Ltd. has Net working capital of ₹119 Lakh, Total Liabilities ₹225 Lakh and Non-current liabilities are ₹140 Lakh. The Current Ratio will be :
(A) 2.4:1
(B) 1.85:1
(C) 2.46:1
(D) 1.15:1

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Financial Statement Analysis

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