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From the following calculate the current ratio from the

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a. From the following, calculate the Current Ratio:

 

Rs

Cash-in-hand

2,50,000

Sundry Debtors

1,50,000

Stock-in-trade

2,00,000

Sundry Creditors

2,00,000

Bills Payable

1,00,000

b. From the following, compute Current Ratio:

 

Rs

Stock

30,000

Sundry Debtors

20,000

Cash or Bank

8,000

Bills Receivable

15,000

Short-term Investments

25,000

Prepaid Expenses

2,000

Bank Overdraft

15,000

Sundry Creditors

20,000

Bills Payable

10,000

Outstanding Expenses

5,000

Reference no: EM13567674

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