What will be the amount of stock if the current ratio is 2:1 and quick ratio is 1.5:1 and current liabilities are ₹90,000?
CS Executive · Cost and Management Accounting · PYQS · June 2019
What will be the amount of stock if the current ratio is 2:1 and quick ratio is 1.5:1 and current liabilities are ₹90,000?
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: Financial Statement Analysis
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