Q. 153 DK Goel Accounting Ratios Solutions Class 12 CBSE (2024-25)
the solutions of Question number 153 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2024-25)
The ratio of Current Assets (₹ 9,00,000) to Current Liabilities is 1.5 : 1. The accountant of this firm is interested in maintaining a Current Ratio of 2 : 1 by paying some part of Current Liabilities. You are required to suggest him the amount of Current Liabilities which must be paid for this purpose.
[Ans. ₹ 3,00,000.]
Solution:-