The following information is pertaining to A Ltd. Current ratio : 4 Acid Test ratio : 2.8 Current liabilities : ₹31.00 Lakh Find out the value of Inventory.
CS Executive · Corporate and Management Accounting · PYQS · June 2021
The following information is pertaining to A Ltd. Current ratio : 4 Acid Test ratio : 2.8 Current liabilities : ₹31.00 Lakh Find out the value of Inventory.
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Management Accounting
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