Discuss about current assets and current liabilities

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Reference no: EM132630606

Financial Accounting and Analysis

Assessment Parameter                          Weight age

Understanding and usage of the formula         20%

Procedure/ Steps                                      50%

Correct Answer and Interpretation                   30%

Problem 1: These selected condensed data are taken from a recent balance sheet of Sambhav Realities (Rs in crores)

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: EM132630606

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