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Q. |
Given inventory of 24,000, other current assets of 12,000 and current liabilities of 20,000, the acid test (quick ratio) will be: |
A. | 1.8 :1 |
B. | 0.6 :1 |
C. | 1.2:1 |
D. | 1.6 :1 |
Answer» B. 0.6 :1 |
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