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Calculate KR reported working capital and its current ratios

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Reference no: EM133107956

Question - The following Table-1 contains selected balance sheet data of Kozhikode Railways (KR) and Bangalore Railways (BR) for 2020 and 2021:

Table 1: Selected Balance Sheet Data, December 31, 2020 and 2021 (in INR million)

KR

BR

2020

2021

2020

2021

Cash and short-term investments

2,073

1,791

1,210

870

Net receivables

1,543

1,134

355

387

Inventories

596

708

228

226

Other current assets

663

791

571

613

Total Current Assets

4,875

4,424

2,364

2,096

Accounts payables

1,152

1,115

430

474

Accrued liabilities

2,122

1,956

1,016

1,276

Deferred revenue

2,163

2,255

752

635

Notes payables and current portion of long-term debt

202

538

71

116

Total Current liabilities

5,639

5,864

2,269

2,501

Required - Calculate KR's reported working capital and its current, quick and super-quick ratios for both years.

Reference no: EM133107956

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