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Current assets 200000.current liabilities 400000 find out current ratio

+3 votes

asked Mar 22, 2019 in Class 12 by kratos

Current assets 200000.current liabilities 400000 find out current ratio

accounting ratios
class-12

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1 Answer

+3 votes

answered Feb 24, 2021 by kratos

Best answer

Given: Current assets = 200000. and current liabilities = 400000

We know that

Current Ratio = Current Assets / Current Liabilities

Current Ratio = 200000/400000 = 1/2

Therefore Current Ratio = 1:2

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