Finance
This query is : Resolved
19 December 2015
Current ratio 2.5 liquid asset 60000 what is the value of stock ?
19 December 2015
Current ratio is 2.5:1 total current asset is = liquid asset/current liabilities 60000/1 x 2.5 = Rs.1,50,000 and the liquid assets is Rs.60000 then stock is current asset less liquid asset Rs.150000 less 60000 Rs.90000 is value of stock
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