Answer Posted / saranya.r.v.n.a
current ratio = Current assets /Current Liabilities
Where
Current aSSETS =CASH+BANK+MARKETABLESECURITIE
S +RECEIVABLES+PREPAID EXPENSES
CURRENT LIABILITIES= PAYABLES+OUTSTANDING EXPENSES+
S SHORT TERM BORROWINGS
IDEL CURRENT RATIO=2:1
| Is This Answer Correct ? | 2 Yes | 0 No |
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