Calculate the following ratios from the following information (i) Current ratio - Sarthaks eConnect | Largest Online Education Community
![Calculate current ratio and quick ratio from the following information.Stock Rs. 1,00,000 Debtors Rs. 80,000 Bills receivables Rs. 20,000 Advance Tax Rs. 8,000 Cash Rs. 60,000 Creditors Rs. 1,20,000 Bills payable Rs. 80,000 Bank overdraft Rs. 8,000 Calculate current ratio and quick ratio from the following information.Stock Rs. 1,00,000 Debtors Rs. 80,000 Bills receivables Rs. 20,000 Advance Tax Rs. 8,000 Cash Rs. 60,000 Creditors Rs. 1,20,000 Bills payable Rs. 80,000 Bank overdraft Rs. 8,000](https://dwes9vv9u0550.cloudfront.net/images/12193568/3dbc04fc-a13f-48ed-ab50-4479c3321ce1.jpg)
Calculate current ratio and quick ratio from the following information.Stock Rs. 1,00,000 Debtors Rs. 80,000 Bills receivables Rs. 20,000 Advance Tax Rs. 8,000 Cash Rs. 60,000 Creditors Rs. 1,20,000 Bills payable Rs. 80,000 Bank overdraft Rs. 8,000
![Current Ratio - Definition, Explanation, Formula, Example and Interpretation | Accounting For Management Current Ratio - Definition, Explanation, Formula, Example and Interpretation | Accounting For Management](https://www.accountingformanagement.org/wp-content/uploads/2012/09/current-ratio-img2.png)