SOLUTION
Current ratio = Current assets / Current liabilities
= 3 / 1
Acid test ratio = Liquid assets / Current liabilities
= 1 / 1
Current Liabilities = 1,50,000
Current Assets = 3 × Current Liabilities
= 3 × 1,50,000
= 4,50,000
Liquid Assets = 1 × 1,50,000
= 1,50,000
Inventory = Current Assets − Liquid Assets
= 4,50,000 − 1,50,000
= 3,00,000