If the current ratio is 2:1 and working capital is Rs 60,000 what is the value of current assets?

Rs. 60000

Rs. 100000

Rs. 120000

Rs. 180000

current ratio = current assets (C.A)/ Current

Liabilities (C.L) = 2/1

s, CA = 2 CL

Now working capital = current assets (CA) minus Current Liabilities (C.L) = Rs 60000

So, C.A - C.L = 60000

2 C.L - CL = 60000

C.L = Rs. 60000

Now C.A = 2 x 60000

C.A = Rs. 120000

ND5-09-2023ma