[ISC] Q. 21,22,23,24 Ratio Analysis TS Grewal Solution Class 12 (2026-27)
Solution of Question number 21, 22, 23, 24 of the Ratio Analysis of TS Grewal Book 2026-27 session ISC Board?
Q. 21. Calculate Liquid Ratio from the following data:
Current Assets ₹ 1,00,000; Inventory ₹ 15,000; Prepaid Expenses ₹ 5,000 and Working Capital is ₹ 84,000.
Solution:-
Q. 22. Working Capital of Axis Ltd. is ₹ 2,40,000. Its Current Ratio is 2.5 : 1. Calculate Value of (i) Current Liabilities, (ii) Current Assets, and (iii) Liquid Ratio taking inventory to be ₹ 1,60,000.
Solution:-
Q. 23. Calculate Current Ratio and Quick Ratio from the following information:
| Particulars | ₹ |
| Inventories prepaid Expenses Other Current Assets Current Liabilities Bank Overdraft 12% Debentures Accumulated Profits Equity Share Capital Long-term Investments | 30,000 2,000 50,000 40,000 10,000 30,000 10,000 1,00,000 15,000 |
Solution:-
Q. 24. Ashok Ltd. has a Current Ratio of 3.5 : 1 and Quick Ratio of 2 : 1. If excess of Current Assets over Quick Assets represented by inventory is ₹ 24,000, find its Total Current Assets, Total Current Liabilities and Quick Assets.
Solution:-
