[DK Goel] Q. 17,18,19,20 Accounting Ratios Solutions Class 12 CBSE (2026-27)

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the solutions of Question number 17, 18, 19, 20 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2026-27)

Q. 17. Current Ratio 2.4; Current Assets ₹ 96,000; Inventories ₹ 42,000. Calculate the Liquid Ratio.

[Ans. Liquid Ratio 1.35.]

Solution:-

Q. 18. Quick Ratio 1.5; Current Assets ₹ 1,00,000; Current Liabilities ₹ 40,000. Calculate the value of Inventory.

[Ans. ₹ 40,000.]

Solution:-

Q. 19. A Company’s inventory is ₹ 2,00,000. Total liquid assets are ₹ 8,00,000 and quick ratio is 2 : 1. Calculate the current ratio.

[Ans. Current Ratio 2.5 : 1.]

Solution:-

Q. 20. A firm has Current Ratio of 4.5 : 1 and Quick Ratio of 3 : 1. if its inventory is ₹ 60,000, find out its total current assets and total current liabilities.

[Ans. Current Assets ₹ 1,80,000; Current Liabilities ₹ 40,000.]

Solution:-

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Anurag Pathak
Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his Youtube channel for free lectures

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