What is the maximum number of columns that a data validation form in Excel can display?

Current Ratio measures the relationship between current assets and current liabilities.

Formula: Current Ratio = $\frac{\text{Current Assets}}{\text{Current Liabilities}}$Current LiabilitiesCurrent Assets​

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Calculation of Current Assets:

Inventories + Trade receivables + Advance tax + Cash and cash equivalent

= 50,000 + 50,000 + 4,000 + 30,000 = Rs. 1,34,000

Note: Advance tax is a current asset as it represents a payment made in advance that will be adjusted against tax liability.

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Calculation of Current Liabilities:

Trade payables + Short-term borrowings (bank overdraft)

= 1,00,000 + 4,000 = Rs. 1,04,000

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Current Ratio:

= $\frac{1,34,000}{1,04,000}$1,04,0001,34,000​ = 1.288 = 1.29:1 (rounded to two decimal places)