Sarthaks Test
0 votes
129 views
in Business Studies by (180 points)
edited by

Current ratio of a concern is 1,its net working capital will be

a) Positive

b) Negative

c) Nil

d) None of the above

Please log in or register to answer this question.

1 Answer

0 votes
by (20.6k points)

(c) Nil

Current ratio = Current asset/Current liability, if its 1 that means Current  Asset = Current liability

While net working capital = (receivable + inventory + cash - payable).

Related questions

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...