Q.

A Company’s Quick Ratio is 1.5 : 1; Current Liabilities are ₹2,00,000 and Inventory is ₹1,80,000. Current Ratio will be :

A. 0.9 : 1
B. 1.9 : 1
C. 1.4 : 1
D. 2.4 : 1
Answer» D. 2.4 : 1

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Management Accounting

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