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If the current ratio is 2 1 and working capital is...

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Accounting
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If the current ratio is 2 : 1 and working capital is Rs. 60,000, what is the value of the Current Assets?

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Correct Answer: Option C
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Nayem Uddin
Nayem Uddin 2 years ago
Working Capital= Current Assets-Current Liabilities
60000=2x-x
60000=x

Now Current Assets=2*60000
=120000
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