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متابعة

Calculate the value of Current Liabilities and Stock if Current Ratio is 2.3 and Quick Ratio is 1.4 and Working Capital is $650,000.

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تم إضافة السؤال من قبل BASKAR SUNDARAM , Manager - Accounts & Finance , at the 3 Decades Experienced & the largest Industrial Contracting Company in Middle East.
تاريخ النشر: 2015/01/04
BASKAR SUNDARAM
من قبل BASKAR SUNDARAM , Manager - Accounts & Finance , at the 3 Decades Experienced & the largest Industrial Contracting Company in Middle East.

Current Ratio (Current Assets:Current Liabilities) =2.3:1

WC (CA-CL i.e.,2.3-1) =650000

Let1.3=650000

Hence CL (1) =650000/1.3 =500000

             CA (2.3) =500000*2.3 =1150000

QR =1.4:1

 

Hence QA (1.4) =500000*1.4 =700000

 

Hence Stock = CA-QA = =450000

 

المزيد من الأسئلة المماثلة