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 : Current Assets Rs.5,00,000; Current Liabilities Rs.2,50,000 and Inventory is Rs.60,000. What will be the Liquid Ratio?

Option 1: 2.02:1

Option 2: 2:1

Option 3: 3:1

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

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 : 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.