Generally, a liquid ratio of ............and current ratio of............are considered as ideal for a concern.

CS Executive · Cost and Management Accounting · PYQS · December 2021
Generally, a liquid ratio of ............and current ratio of............are considered as ideal for a concern.
(A) 2:1 and 1:1
(B) 1.1: 1 and 2:1
(C) 1.5: 1 and 2:1
(D) 1:1 and 2:1

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Financial Statement Analysis

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