Solution-Calculate KR reported working capital and its

Calculate KR reported working capital and its current ratios

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Reference no: EM133107956

Question - The following Table-1 contains selected balance sheet data of Kozhikode Railways (KR) and Bangalore Railways (BR) for 2020 and 2021:

Table 1: Selected Balance Sheet Data, December 31, 2020 and 2021 (in INR million)
	KR		BR
	2020	2021	2020	2021
Cash and short-term investments	2,073	1,791	1,210	870
Net receivables	1,543	1,134	355	387
Inventories	596	708	228	226
Other current assets	663	791	571	613
Total Current Assets	4,875	4,424	2,364	2,096
Accounts payables	1,152	1,115	430	474
Accrued liabilities	2,122	1,956	1,016	1,276
Deferred revenue	2,163	2,255	752	635
Notes payables and current portion of long-term debt	202	538	71	116
Total Current liabilities	5,639	5,864	2,269	2,501

Required - Calculate KR's reported working capital and its current, quick and super-quick ratios for both years.

Reference no: EM133107956

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Calculate KR reported working capital and its current ratios

Reference no: EM133107956

Reference no: EM133107956

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