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= From the following Balance Sheet, of Roy Ltd. Calculate Current Ratio: 1 BALANCE SHEET As at 31.3.2015 Particulars EQUITY AND LIABILITIES Share Capital

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= From the following Balance Sheet, of Roy Ltd. Calculate Current Ratio: 1 BALANCE SHEET As at 31.3.2015 Particulars EQUITY AND LIABILITIES Share Capital 2,50,000 Reserve and Surplus 5,000 Trade Payables 20,000 Total 2,75,000 ASSETS Fixed Assets 2,00,000 Inventories 40,000 Trade Receivables 7,000 Cash and Cash Equivalents 28,000 Total 2,75,000

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