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Sir, how to calculate current ratio?

Page no : 2

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (166227 Points)
Replied 25 January 2017

Ans: Your current liability should include CC account liability. So, total current liability is 36000+1200000.

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Ashim kr Ray (social service) (1691 Points)
Replied 25 January 2017

Ok sir there its comes th result .but in example it is  result is 1.85.


Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (166227 Points)
Replied 25 January 2017

That means out of secured loans of amount 429812 (liability), there are some loans of temporary nature of amount 81312. Add that to your CURRENT LIABILITY, you will get that result too.

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Ashim kr Ray (social service) (1691 Points)
Replied 25 January 2017

Sir where from you get Rs 429812.


Ashim kr Ray (social service) (1691 Points)
Replied 25 January 2017

Sorry i want ot say where from  RS 81312 came from sir.



Ashim kr Ray (social service) (1691 Points)
Replied 25 January 2017

Sir,

where from you bring the amount of RS 81312.


Ashim kr Ray (social service) (1691 Points)
Replied 25 January 2017

Sir,

 Shall i attached the sheet ther is no other loan beyon this one.


Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (166227 Points)
Replied 25 January 2017

No need to attach anything. Check yourself whether any such figure you totalled up in loans?. if nothing of that sort in data, answer to the example is 1.9717 only.

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