A particular firm provided the following data for an accounting year
Current ratio = 2.5 : 1
Liquid ratio = 1.5 : 1
Net working capital = Rs. 6,00,000
Current assets and current liabilities of the firm are, respectively:
A. Rs. 9,00,000 and Rs. 3,00,000
B. Rs. 10,00,000 and Rs. 4,00,000
C. Rs. 8,50,000 and Rs. 2,50,000
D. Rs. 7,50,000 and Rs. 1,50,000
Answer: Option B

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