Current ratio is 2.5: 1 and Liquid ratio is 1: 1. Stock is ₹60,000. Calculate current liability:
CS Executive · Corporate and Management Accounting · PYQS · December 2020
Current ratio is 2.5: 1 and Liquid ratio is 1: 1. Stock is ₹60,000. Calculate current liability:
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Financial Management
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