Revicw Questions

Is the firm satisfies the standerd norm of the current asset ratio and lipuid aseets ratio?

M$/$s Shanmaga $4$ Ce

Balance sheet as on dated $3$tst Marct, $2010$

$\backslash$table$[[$Liabilities$,,$Asets,E$],[$Shane capilal,$42,000,$Tised Assets Net,$3\mathrm{.}000],[$Reserve$,3000,$Stuxk,$12400],[$Annual Prodit,$5,000,$Dethon,$6,600],[$Rach vesrilueft,$4000,$Canle,$11200],[$Sandry creditors,$12mo,,],[66000,,64,000]]$

Liquid Assets $65,000,$ Stock $20,000,$ Prepaid openses $5,000,$ Working capital $60,000.$ Calulate current assets ratio and liquid assets ratio.

The current ratio of Bicon LA$.$ is $4\mathrm{.}51$ and the liquidity ratio is $3$:$1$ stock is $6,00,000.$ Find out the current liabilities