If Z Company Ltd.’s Current Liabilities are $25,000; Quick Ratio is 1.5:1, inventory is $12,500; calculate current assets.

Quick Ratio / Asset Test Ratio = Current Asset - Inventory / Current Liabilities

So, rearrange this please.

1.5 = Current Asset -12,500 /25,000

1.5 *25,000 = Current Asset -12,500

37,500 = Current Asset -12,500

Current Asset =37,500 +12,500

                         =50,000

Quick Ratio= (CA-Inventory)/CL so CA-12500=37500 nw CA=50000

Current Assets = (1.5*250000)+12500=50000

$50,000 as answered by others as well

Current Asset = $50,000

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 Quick Ratio =( current assets- inventory )/Current Liabilities

current assets =(Quick Ratio *Current Liabilities)+ inventory 

                          =(1.5*25000)+12500=50000$

The current assets would be50,00)