[DK Goel] Q. 13,14,15,16 Accounting Ratios Solutions Class 12 CBSE (2026-27)

Quick Assets = ₹ 2,40,000

Quick Assets = Current Assets – Inventory

₹ 2,40,000 = ₹ 3,20,000 – Inventory

Inventory = ₹ 3,20,000 – ₹ 2,40,000

Inventory = ₹ 80,000

Q. 13 (B) Current Ratio 2.5 : 1, Quick Ratio 0.95 : 1, Current Assets ₹ 17,00,000, Calculate Current Liabilities, Quick Assets and Inventory.

[Ans. ₹ 6,80,000, ₹ 6,46,000, ₹ 10,54,000.]

Solution:-

Q. 13 (C) Working Capital ₹ 5,40,000; Current Ratio 2.8 : 1; Inventory ₹ 3,30,000. Calculate Current Assets, Current Liabilities and Quick Ratio.

[Ans. ₹ 8,40,000; ₹ 3,00,000; 1.7 : 1.]

Solution:-

Q. 14. Current Assets of a company were ₹ 7,20,000 and its Current ratio was 2.4 : 1. Afterwards, it made payment of ₹ 1,00,000 to its creditors. Calculate Current ratio after the payment.

[Ans. Current Ratio 3.1 : 1]

Solution:-

Calculation of Current Liabilities before Payment

$\mathbf{C}\mathbf{u}\mathbf{r}\mathbf{r}\mathbf{e}\mathbf{n}\mathbf{t}\mathbf{ }\mathbf{R}\mathbf{a}\mathbf{t}\mathbf{i}\mathbf{o} = \frac{\mathbf{C}\mathbf{u}\mathbf{r}\mathbf{r}\mathbf{e}\mathbf{n}\mathbf{t} \mathbf{A}\mathbf{s}\mathbf{s}\mathbf{e}\mathbf{t}\mathbf{s}}{\mathbf{C}\mathbf{u}\mathbf{r}\mathbf{r}\mathbf{e}\mathbf{n}\mathbf{t} \mathbf{L}\mathbf{i}\mathbf{a}\mathbf{b}\mathbf{i}\mathbf{l}\mathbf{i}\mathbf{t}\mathbf{i}\mathbf{e}\mathbf{s}}$

$\frac{\mathbf{2.4}}{\mathbf{1}} = \frac{\mathbf{7}\mathbf{,}\mathbf{20,000}}{\mathbf{C}\mathbf{u}\mathbf{r}\mathbf{r}\mathbf{e}\mathbf{n}\mathbf{t} \mathbf{L}\mathbf{i}\mathbf{a}\mathbf{b}\mathbf{i}\mathbf{l}\mathbf{i}\mathbf{t}\mathbf{i}\mathbf{e}\mathbf{s}}$

Current Liabilities = 7,20,000/2.4

Current Liabilities = ₹ 3,00,000

Calculation of Current Ratio after Payment of Current Liabilities

$\mathbf{C}\mathbf{u}\mathbf{r}\mathbf{r}\mathbf{e}\mathbf{n}\mathbf{t}\mathbf{ }\mathbf{R}\mathbf{a}\mathbf{t}\mathbf{i}\mathbf{o} = \frac{\mathbf{C}\mathbf{u}\mathbf{r}\mathbf{r}\mathbf{e}\mathbf{n}\mathbf{t} \mathbf{A}\mathbf{s}\mathbf{s}\mathbf{e}\mathbf{t}\mathbf{s}}{\mathbf{C}\mathbf{u}\mathbf{r}\mathbf{r}\mathbf{e}\mathbf{n}\mathbf{t} \mathbf{L}\mathbf{i}\mathbf{a}\mathbf{b}\mathbf{i}\mathbf{l}\mathbf{i}\mathbf{t}\mathbf{i}\mathbf{e}\mathbf{s}}$

$\mathbf{C}\mathbf{u}\mathbf{r}\mathbf{r}\mathbf{e}\mathbf{n}\mathbf{t} \mathbf{R}\mathbf{a}\mathbf{t}\mathbf{i}\mathbf{o} = \frac{\mathbf{7}\mathbf{,}\mathbf{20,000} \mathbf{–}\mathbf{ }\mathbf{1}\mathbf{,}\mathbf{00,000}\mathbf{ }\mathbf{\left(}\mathbf{C}\mathbf{a}\mathbf{s}\mathbf{h}\mathbf{\right)}}{\mathbf{3}\mathbf{,}\mathbf{00,000} \mathbf{–}\mathbf{ }\mathbf{1}\mathbf{,}\mathbf{00,000}\mathbf{ }\mathbf{\left(}\mathbf{L}\mathbf{i}\mathbf{a}\mathbf{b}\mathbf{i}\mathbf{l}\mathbf{i}\mathbf{t}\mathbf{i}\mathbf{e}\mathbf{s}\mathbf{\right)}}$

$\mathbf{C}\mathbf{u}\mathbf{r}\mathbf{r}\mathbf{e}\mathbf{n}\mathbf{t} \mathbf{R}\mathbf{a}\mathbf{t}\mathbf{i}\mathbf{o} = \frac{\mathbf{6}\mathbf{,}\mathbf{20,000}}{\mathbf{2}\mathbf{,}\mathbf{00,000}}$

Current Ratio = 3.1/1 = 3.1 : 1

Q. 15. Current Liabilities of a company were ₹ 1,50,000 and its current ratio was 2.2 : 1. Afterwards it purchased goods on credit for ₹ 50,000. Calculate the current ratio after the purchase of goods.

[Ans. Current Ratio 1.9 : 1.]

Solution:-

Calculation of Current Assets before purchase of goods on credit

$\mathbf{C}\mathbf{u}\mathbf{r}\mathbf{r}\mathbf{e}\mathbf{n}\mathbf{t} \mathbf{R}\mathbf{a}\mathbf{t}\mathbf{i}\mathbf{o} = \frac{\mathbf{C}\mathbf{u}\mathbf{r}\mathbf{r}\mathbf{e}\mathbf{n}\mathbf{t} \mathbf{A}\mathbf{s}\mathbf{s}\mathbf{e}\mathbf{t}\mathbf{s}}{\mathbf{C}\mathbf{u}\mathbf{r}\mathbf{r}\mathbf{e}\mathbf{n}\mathbf{t} \mathbf{L}\mathbf{i}\mathbf{a}\mathbf{b}\mathbf{i}\mathbf{l}\mathbf{i}\mathbf{t}\mathbf{i}\mathbf{e}\mathbf{s}}$

$\frac{\mathbf{2.2}}{\mathbf{1}} = \frac{\mathbf{C}\mathbf{u}\mathbf{r}\mathbf{r}\mathbf{e}\mathbf{n}\mathbf{t} \mathbf{A}\mathbf{s}\mathbf{s}\mathbf{e}\mathbf{t}\mathbf{s}}{\mathbf{1}\mathbf{,}\mathbf{50,000}}$

Current Assets = 1,50,000 x 2.2

Current Assets = ₹ 3,30,000

Calculation of the Current ratio after the purchase of Goods on Credit

$\mathbf{C}\mathbf{u}\mathbf{r}\mathbf{r}\mathbf{e}\mathbf{n}\mathbf{t} \mathbf{R}\mathbf{a}\mathbf{t}\mathbf{i}\mathbf{o} = \frac{\mathbf{C}\mathbf{u}\mathbf{r}\mathbf{r}\mathbf{e}\mathbf{n}\mathbf{t} \mathbf{A}\mathbf{s}\mathbf{s}\mathbf{e}\mathbf{t}\mathbf{s}}{\mathbf{C}\mathbf{u}\mathbf{r}\mathbf{r}\mathbf{e}\mathbf{n}\mathbf{t} \mathbf{L}\mathbf{i}\mathbf{a}\mathbf{b}\mathbf{i}\mathbf{l}\mathbf{i}\mathbf{t}\mathbf{i}\mathbf{e}\mathbf{s}}$

$\mathbf{C}\mathbf{u}\mathbf{r}\mathbf{r}\mathbf{e}\mathbf{n}\mathbf{t}\mathbf{ }\mathbf{R}\mathbf{a}\mathbf{t}\mathbf{i}\mathbf{o}\mathbf{ }\mathbf{=} \frac{\mathbf{3}\mathbf{,}\mathbf{30,000} \mathbf{+}\mathbf{ }\mathbf{50,000}\mathbf{ }\mathbf{(}\mathbf{I}\mathbf{n}\mathbf{v}\mathbf{e}\mathbf{n}\mathbf{t}\mathbf{o}\mathbf{r}\mathbf{y}}{\mathbf{1}\mathbf{,}\mathbf{50,000} \mathbf{+}\mathbf{ }\mathbf{50,000}\mathbf{ }\mathbf{\left(}\mathbf{C}\mathbf{r}\mathbf{e}\mathbf{d}\mathbf{i}\mathbf{t}\mathbf{o}\mathbf{r}\mathbf{\right)}}$

$\mathbf{C}\mathbf{u}\mathbf{r}\mathbf{r}\mathbf{e}\mathbf{n}\mathbf{t}\mathbf{ }\mathbf{R}\mathbf{a}\mathbf{t}\mathbf{i}\mathbf{o}\mathbf{ }\mathbf{=} \frac{\mathbf{3}\mathbf{,}\mathbf{80,000} }{\mathbf{2}\mathbf{,}\mathbf{00,000}}$

Current Ratio = 1.9/1 = 1.9 : 1

Q. 16. A business has a Current Ratio of 4 : 1 and a Quick Ratio of 1.2 : 1. If the Working capital is ₹ 1,80,000, Calculate the total Current Assets and Inventory.

[Ans. Current Assets ₹ 2,40,000; Inventory ₹ 1,68,000.]

Solution:-