[DK Goel] Q. 9,10,11,12 Accounting Ratios Solutions Class 12 CBSE (2026-27)
the solutions of Question number 9, 10, 11, 12 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2026-27)
Q. 9. Calculate Current Ratio from the following:
Working capital ₹ 1,92,000; Long-term Debt ₹ 80,000 and Total Debt ₹ 2,00,000.
[Ans. 2.6 : 1]
Solution:-
Current Ratio = 2.6 : 1
Current Liabilities = Total Debt – Long-term Debt
Current Liabilities = ₹ 2,00,000 – ₹ 80,000
Current Liabilities = ₹ 1,20,000
Working Capital = Current Assets – Current Liabilities
Current Assets = Working Capital + Current Liabilities
Current Assets = ₹ 1,92,000 + ₹ 1,20,000
Current Assets = ₹ 3,12,000
Q. 10. Calculate Current Ratio from the following:
Working Capital ₹ 4,80,000; Trade Payables ₹ 2,00,000 and Bank Overdraft ₹ 40,000.
[Ans. 3 : 1]
Solution:-
Current Ratio = 3/1 = 3 : 1
Current Liabilities = Trade Payables + Bank Overdraft
Current Liabilities = ₹ 2,00,000 + ₹ 40,000
Current Liabilities = ₹ 2,40,000
Working Capital = Current Assets – Current Liabilities
Current Assets = Working Capital + Current Liabilities
Current Assets = ₹ 4,80,000 + ₹ 2,40,000
Current Assets = ₹ 7,20,000
Q. 11. Calculate Current Ratio and Liquid Ratio from the following:
| ₹ | |
| Cash and Cash Equivalents | 40,000 |
| Trade Receivables | 2,70,000 |
| Inventory (Includes Loose Tools ₹ 30,000) | 1,80,000 |
| Prepaid Expenses | 20,000 |
| Working Capital | 2,80,000 |
[Ans. Current Ratio 2.4 : 1; Liquid Ratio 1.55 : 1.]
Solution:-
Current Ratio = 2.4/1 = 2.4 : 1
Current Assets = Cash and Cash Equivalents + Trade Receivables + (Inventory – Loose Tools) + Prepare Expenses
Current Assets = ₹ 40,000 + ₹ 2,70,000 + (₹ 1,80,000 – ₹ 30,000) + ₹ 20,000
Current Assets = ₹ 4,80,000
Working Capital = Current Assets – Current Liabilities
Current Liabilities = Current Assets – Working Capital
Current Liabilities = ₹ 4,80,000 – ₹ 2,80,000
Current Liabilities = ₹ 2,00,000
Quick Ratio = 1.55/1 = 1.55 : 1
Quick Assets = Current Assets – Inventory – Prepaid Expenses
Quick Asssets = ₹ 4,80,000 – ₹ 1,50,000 – ₹ 20,000
Quick Assets = ₹ 3,10,000
Q. 12. Calculate Current Ratio from the following:
Working capital ₹ 4,80,000; Current Assets ₹ 6,00,000; Inventory ₹ 4,00,000 and Trade Receivables ₹ 1,50,000.
[Ans. 5 : 1]
Solution:-
Current Ratio = 5/1 = 5 : 1
Current Assets = ₹ 6,00,000
Working Capital = Current Assets – Current Liabilities
Current Liabilities = Current Assets – Working Capital
Current Liabilities = ₹ 6,00,000 – ₹ 4,80,000
Current Liabilities = ₹ 1,20,000
