Calculate Current Assets and Quick Assets of Beeta Ltd. from the following information:
Quick Ratio = 0.75:1
Current Liabilities = ₹6,00,000
Revenue from Operations are ₹4,00,000
Gross Profit ratio is 20% of revenue from operations
Inventory turnover ratio = 4 times
Inventory at the end is ₹40,000 more than inventory at the beginning.
Marks-4, CBSE: 2024-25/Zone-7/Set-1/Q-33(b)*
Answer :