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 : Quick Ratio 2.5; Current Assets Rs.1,50,000; Current Liabilities Rs.40,000. The Value of Inventory

Option 1: Rs 60,000

Option 2: Rs 40,000

Option 3: Rs 50,000

Option 4: None of the above.

Question : Quick Ratio 2.5; Current Assets Rs.1,50,000; Current Liabilities Rs.40,000. The Value of Inventory

Option 1: Rs 60,000

Option 2: Rs 40,000

Option 3: Rs 50,000

Option 4: None of the above.

Question : The ratio of Current Assets (Rs.3,00,000) to Current Liabilities is Rs.2,00,000 then the ratio is 1.5:1. The accountant of this firm is interested in maintaining a Current Ratio of 2:1 by acquiring some Current Assets on Credit. The amount of Current Assets which must be acquired for this purpose.

Option 1: Rs 1,00,000

Option 2: Rs 50,000

Option 3: Rs 1,50,000

Option 4: Rs 2,00,000.

Question : The Current Liabilities of a Company are Rs.7,00,000. Its current ratio is 3.5: 1 and its acid test ratio is 1.5: 1. The value of Current assets, Liquid assets and Inventories are

Option 1: Current assets 10,50,000. Liquid assets 6,12,500. Stock 4,37,500

Option 2: Current assets 10,50,000. Liquid assets 6,22,500, stock 4,27,500

Option 3: Current assets 6,22,500. Liquid assets Rs 10,50,000. Stock 4,27,500

Option 4: Current assets24,50,000, liquid assets 10,50,000. Stock 14,00,000