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Current ratio of a concern is 1,its net working capital will be:

(a) Positive (b) Negative (c) Nil (d) None of these

Accounting
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Question added by SREEDEVI SUNILKUMAR , Business finance officer , Emirates Airline
Date Posted: 2014/04/12
Upvote (5) Views (13) Followers (3) Answers (5) Report Question
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Imran Adwani
by Imran Adwani , Head of Internal Audit , Abdulla Bin Zayed Investment Group

Nil.

Asad zaman
by Asad zaman , Audit/Finance , Rafaqat Baber and co

current ratio = Current asset/Current liabiliaty ,If its1 that meanscurrent  Asset=current liability

while net working capital =(receivable+inventory+cash-payable) .i think that should be nill...

 

Mujtaba Hussain
by Mujtaba Hussain , Accounts officer , Miraj Entertaiments

none of these

Ilham Mohammed
by Ilham Mohammed , Senior Accountant , gulf center for foodstuff

Nil....

Umer Aziz
by Umer Aziz , Senior Accountant , TERNA Bahrain Holding - GEK Group (www.terna.gr)

Option C (NIL)

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