Q.

Quick ratio is 1.8:1, current ratio is 2.7:1 and current liabilities are Rs 60,000. Determine value of stock.

A. Rs 54,000
B. Rs 60,000
C. Rs 1, 62,000
D. None of the above
Answer» A. Rs 54,000
2.9k
0
Do you find this helpful?
0

View all MCQs in

Management Accounting

Discussion

No comments yet