Finding Current Assets:
Total Non-current Assets = Fixed Assets + Non-current Investments
Total Non-current Assets = Rs. 1,60,000 + Rs. 1,00,000 = Rs. 2,60,000
Current Assets = Total Assets - Non-current Assets
Current Assets = Rs. 3,00,000 - Rs. 2,60,000 = Rs. 40,000
Finding Current Liabilities:
Using the Accounting Equation: Assets = Liabilities + Shareholders' Fund
Total Liabilities = Total Assets - Shareholders' Fund
Total Liabilities = Rs. 3,00,000 - Rs. 2,00,000 = Rs. 1,00,000
Since Total Liabilities = Non-current Liabilities + Current Liabilities
Rs. 1,00,000 = Rs. 80,000 + Current Liabilities
Current Liabilities = Rs. 1,00,000 - Rs. 80,000 = Rs. 20,000
Calculating Current Ratio:
Current Ratio = Current LiabilitiesCurrent Assets
Current Ratio = 20,00040,000 = 12 = 2:1
Answer: Option 1 (2:1)