If current ratio is 2.5 : 1 and Working Capital is ₹120 Lakh, then current liabilities are :

CS Executive · Cost and Management Accounting · PYQS · December 2018
If current ratio is 2.5 : 1 and Working Capital is ₹120 Lakh, then current liabilities are :
(A) ₹48 Lakh
(B) ₹200 Lakh
(C) ₹80 Lakh
(D) ₹180 Lakh

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Ratio Analysis

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