Current ratio is 4:1. Net Working Capital is ₹30,000. Find the amount of Liquid assets if value of stock is ₹8,000.

CS Executive · Financial and Strategic Management · PYQS · December 2019
Current ratio is 4:1. Net Working Capital is ₹30,000. Find the amount of Liquid assets if value of stock is ₹8,000.
(A) ₹10,000
(B) ₹40,000
(C) ₹32,000
(D) ₹2,000

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Financial Management

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