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Current liabilities Rs. 40,000; Current assets Rs. 1,00,000 ; Inventory Rs. 20,000 . Quick ratio is …… (a) 1:1 (b) 2.5:1 (c) 2:1 (d) 1:2

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in Ratio Analysis by (48.4k points)

Current liabilities Rs. 40,000; Current assets Rs. 1,00,000 ; Inventory Rs. 20,000 . Quick ratio is ……

 (a) 1:1 

(b) 2.5:1 

(c) 2:1 

(d) 1:2

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1 Answer

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by (48.1k points)

The correct answer is : (c) 2:1

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