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Discuss about current assets and current liabilities

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Reference no: EM132627878

Question - These selected condensed data are taken from a recent balance sheet of Sambhav Realities (Rs in crores)

PARTICULARS AMOUNT

Cash 29.3

Debtors 20.5

Inventory 28.7

Prepaid expenses 24

Outstanding payments 15.5

Trade payables 30.7

Unpaid taxes 25

Loan taken for construction of building for 11 months 50

a. Discuss about current assets and current liabilities, classify the above into current assets and current liabilities.

b. Calculate the working capital and current ratio.

Reference no: EM132627878

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