Q. 20 DK Goel Accounting Ratios Solutions Class 12 CBSE (2024-25)
the solutions of Question number 20 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2024-25)
Q. 20 (A). Current Assets ₹ 85,000; Inventory ₹ 22,000; Prepaid Expenses ₹ 3,000; Working Capital ₹ 45,000. Calculate Quick Ratio.
[Ans. Quick Ratio 1.5 : 1.]
Solution:-
Q. 20 (B). Quick Assets ₹ 90,000; Inventory ₹ 1,08,000; Prepaid Expenses ₹ 2,000; Working Capital ₹ 1,50,000. Calculate Current Ratio.
[Ans. Current Ratio 4 : 1.]
Solution:-
