Accounting · Accounting Ratios
A company has the following financial data: Current Liabilities (CL): Rs. 1,50,000 Current Ratio (CR): 3:1 Quick Ratio (QR): 2:1 Calculate the Current Assets (CA), Quick Assets (QA), and Inventory.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1CA = Rs. 4,50,000, QA = Rs. 3,50,000, Inventory = Rs. 1,00,000
- 2CA = Rs. 3,50,000, QA = Rs. 2,50,000, Inventory = Rs. 1,00,000
- 3CA = Rs. 4,00,000, QA = Rs. 3,00,000, Inventory = Rs. 1,00,000
- 4CA = Rs. 4,50,000, QA = Rs. 3,00,000, Inventory = Rs. 1,50,000✓
Correct answer
CA = Rs. 4,50,000, QA = Rs. 3,00,000, Inventory = Rs. 1,50,000
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Accounting?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Accounting Ratios MCQs →Want more practice questions on Accounting Ratios?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Accounting · Accounting Ratios