Q. 23 DK Goel Accounting Ratios Solutions Class 12 CBSE (2024-25)
the solutions of Question number 23 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2024-25)
the ratio of Current Assets (₹ 5,00,000) to Current Liabilities is 2.5 : 1. The accountant of this firm is interested in maintaining a Current Ratio of 2 : 1 by acquiring some Current Assets on Credit. You are required to suggest him the amount of Current Assets which must be acquired for this purpose.
[Ans. Current Assets to the extent of ₹ 1,00,000 should be acquired on credit to maintain a Current Ratio of 2 : 1.]
Solution:-
