Calculate current ratio and working capital turnover ratio


From the following information, calculate (i) Current Ratio (ii) Quick Ratio and (iii) Working Capital Turnover Ratio:

 


Rs

Sundry Debtors

4,00,000

Stock

1,60,000

Marketable Securities

80,000

Cash

1,20,000

Prepaid Expenses

40,000

Bills Payable

80,000

Sundry Creditors

1,60,000

Debentures

2,00,000

Expenses Payable

1,60,000

Net Sales

20,00,000

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Finance Basics: Calculate current ratio and working capital turnover ratio
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