Question : A company’s Current assets are Rs.5,00,000 and its current liabilities are Rs.3,00,000. Subsequently, it paid Rs.1,00,000 to its trade payables. What will be the current ratio?

Option 1: 1.66:1

Option 2: 2:1

Option 3: 1.2:1

Option 4: None of the above

Question : The ratio of Current Assets (Rs.16,00,000) to Current Liabilities (Rs.10,00,000) is 1.6: 1. The accountant of the firm is interested in maintaining a Current Ratio of 2: 1, by paying off a part of the Current Liabilities. The amount of the Current Liabilities will be that should be paid, so that the Current Ratio at the level 2: 1 may be maintained.

Option 1: Rs 4,00,000

Option 2: Rs 5,00,000

Option 3: Rs 8,00,000

Option 4: Rs 10,00,000

Question : A Company’s Current Ratio is 3: 1 and Liquid Ratio is 2: 1. If its Current Liabilities are Rs.2,00,000, what will be the value of Inventory?

Option 1: Rs.4,00,000

Option 2: Rs.3,00,000

Option 3: Rs.2,00,000

Option 4: Rs.5,00,000

Question : A firm has a Current Ratio of 3.5: 1 and a Quick Ratio of 2: 1. If its inventory is Rs.75,000, total current assets and total current liabilities are

Option 1: Current assets Rs 2,16,000 and current liabilities Rs 48,000

Option 2: Current assets Rs 1,08,000 and current liabilities Rs 24.000

Option 3: Current assets Rs 1,75,000 and current liabilities Rs 50,000

Option 4: None of the above

Question : A firm has a Current Ratio of 3.5: 1 and a Quick Ratio of 2: 1. If its inventory is Rs.75,000, total current assets and total current liabilities are

Option 1: Current assets Rs 2,16,000 and current liabilities Rs 48,000

Option 2: Current assets Rs 1,08,000 and current liabilities Rs 24.000

Option 3: Current assets Rs 1,75,000 and current liabilities Rs 50,000

Option 4: None of the above