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If CA = 600 and CL = 300 , the Current Ratio will be:?

a.6 :3

 

b.3 :6

 

c.2 :1

 

d.1 :2

Accounting Cash Flow Forecasting Financial Reporting Financial Systems Feasibility Studies
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Question ajoutée par Zehab Osman , Accountant , Aldar Consultancy Co.
Date de publication: 2015/08/19
Apprécier (3) Vues (23) Suiveurs (28) Réponses (26) Report Question
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Ailen Magallanes
par Ailen Magallanes , Finance Head , Jesi Mendez Salon Group Inc.

C.2:1 because current ratio formula is current assets over current liability. Therefore,600/300=2 or2:1

MURSHIDALI .K KOTTAKKADAN
par MURSHIDALI .K KOTTAKKADAN , Accountant , Malila Trading & Contracting Company

Answer is C (CR=CA/CL=2:1)

Shazia Anees
par Shazia Anees , Assistant Manager Finance , Arham Trading Company

C2:1 ========================================

Shahbaz Hayder
par Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

Option C is the right answer.

tanveer ahmed
par tanveer ahmed , General Accountant & Auditor , Al Naseer Trading co llc

The correct answer for current ratio is C:  2:1.  The current ratio is calculated divided CA by CL.

SHARIQ ULLAH KHAN KHAN
par SHARIQ ULLAH KHAN KHAN , Accounting Supervisor , Almarai Company

Current ratio will be2:1, if CA =600 and CL =300

Sadiq ul Islam
par Sadiq ul Islam , Financial Controller , BinDawood Holding Company (BDH)

2:1 will be current ratio..........

MUHAMMAD ALI
par MUHAMMAD ALI , CASHIER , RAJGAN EXCHANGE COMPANY

2:1 is the correct answer.600/300=2

JULIUS MURE MWARO
par JULIUS MURE MWARO , ACCOUNTANT , said abeid said & co.

the right answer is2:1 ,which is option c

Falah Musthafa
par Falah Musthafa , Audit Executive , MIM International Consultancies

c. Current Ratio = Current Assets / Current Liabilities =600 /300 =6 /3 =2 /1 =2 :1.

 

though answer a. is also correct, ratios are usually shown in its shortest whole numbers.

JULIUS MURE MWARO
par JULIUS MURE MWARO , ACCOUNTANT , said abeid said & co.

the right answer is2:1 ,which is option c

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