16 TO FIND
CURRENT RETIO:-
SOLUTION
CURRENT RATIO - CURRENT ASSETS
CURRENT LIABILITIES
CURRENT ASSETS = DEBTORS + INVENTORIES + SHORT TERNT INVESTMENTS + LONG TERM INVESTMENTS = 50 000 + 100000+40000+80000 870 000 Rs/- =
CURRENT HABILITIES = CREDITORS + Ols EXPENSES + PROVISION FOR TAXATION
= 100000+ 30000 + 10000
= 200 000 Bs/-
CURRENT RATIO 870,000
200600
= 4.35:1