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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 |
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