(a) Y Ltd. has a Current Ratio of 3.5 : 1 and Quick Ratio of 2 : 1. If excess of current assets over quick assets represented by inventory is 48,000, calculate current assets and current liabilities. 


(b) Calculate Debt to Equity Ratio:

Shareholder Funds       2,00,000

Reserves and Surplus   1,00,000

Total Debt                       4,00,000

Current Liabilities          1,00,000

Marks-4, CBSE:2022-23/Zone-4/Set-1/Q-33*

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