In an organisation, working capital is ₹1,00,000 and current ratio 3:1. The value of current assets is —

CS Executive · Cost and Management Accounting · PYQS · June 2015
In an organisation, working capital is ₹1,00,000 and current ratio 3:1. The value of current assets is —
(A) ₹1,50,000
(B) ₹1,00,000
(C) ₹50,000
(D) ₹15,000.

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Financial Analysis

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic