Ratio of currents assets (Rs 275000) to curent liabilites (Rs 350000) is 2.5:1.The firm wa
Channel: Doubtnut
Date: 2020-03-29

Ratio of currents assets (Rs 275000) to curent liabilites (Rs 350000) is 2.5:1.The firm wants to maintain current ratio of 2:1 by puchasing goods on credit compute amoutn of goods that should be purchased on credit.