Question 6:
Current Ratio is 2.5, Working Capital is ₹1,50,000. Calculate the amount of Current Assets and Current Liabilities.
Answer:
Current Ratio=Current Assets/Current Liabilities
2.5= Current Assets/Current Liabilities
Current Assets = 2.5×Current Liabilities
Working Capital = Current Assets-Current Liabilities
Working Capital = 1,50,000=2.5
Current Assets - Current Liabilities
Current Liabilities = 1,50,000/1.5
Current Liabilities = ₹1,00,000
Current Assets = 2.5
Current Assets = Current Liabilities × Ratio of Current Assets
Current Assets = 2.5×1,00,000
Current Assets = ₹2,50,000
Question 7:
Working Capital ₹6,00,000, Total Debt ₹27,00,000,Non-Current
liabilities ₹24,00,000. Calculate Current Ratio.
Answers:
Current liabilities=Total Debt- Non-Current liabilities
Current liabilities=27,00,000-24,00,000=3,00,000
Current Assets= Current liabilities+ Working Capital
Current Assets=3,00,000+6,00,000=9,00,000
Current ratio= Current Assets/ Current liabilities
Current ratio=9,00,000/3,00,000=3:1
Question 8:
Working Capital is ₹18,00,000; Trade Payables ₹1,80,000; and Other Current Liabilities are ₹4,20,000. Calculate Current Ratio.
Answer:
|
Current Liabilities |
= |
Trade Payables + Other Current Liabilities |
|
Current Liabilities |
= |
1,80,000+4,20,000 |
|
Current Liabilities |
= |
6,00,000 |
|
Current Assets |
= |
Working Capital+ Current Liabilities |
|
Current Assets |
= |
18,00,000+6,00,000 |
|
Current Assets |
= |
24,00,000 |
|
Current Ratio |
= |
Current Assets/ Current Liabilities |
|
Current Ratio |
= |
24,00,000/6,00,000 |
|
Current Ratio |
= |
4/1 = 4:1 |
Question 9:
Working Capital ₹9,00,000; Total Debts (Liabilities) ₹19,50,000; Long-Term Debts ₹15,00,000. Calculate Current Ratio.
Answer:
|
Current Liabilities |
= |
Total Debts - Long-Term Debts |
|
Current Liabilities |
= |
19,50,000-15,00,000 |
|
Current Liabilities |
= |
4,50,000 |
|
Current Assets |
= |
Working Capital+ Current Liabilities |
|
Current Assets |
= |
9,00,000+4,50,000 |
|
Current Assets |
= |
13,50,000 |
|
Current Ratio |
= |
Current Assets/ Current Liabilities |
|
Current Ratio |
= |
13,50,000/4,50,000 |
|
Current Ratio |
= |
3/1 = 3:1 |
Question 10:
Trade Payables ₹50,000; Working Capital
₹9,00,000; Current Liabilities ₹3,00,000. Calculate Current Ratio.
Answer:
Working Capital=Current Assets-Current Liabilities
9,00,000=Current Assets−3,00,000
Current Assets=9,00,000+3,00,000= ₹12,00,000
Current Ratio=CurrentAssets/CurrentLiabilities=12,00,000/3,00,000=4:1
Ts Grewal Solution 2026-2027
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Class 12 / Volume – III
Chapter 4 – Accounting Ratios