If Stock, Current Assets and Working Capital are ₹25 Lakh, ₹80 Lakh and ₹30 Lakh respectively, then liquid ratio will be :

CS Executive · Cost and Management Accounting · PYQS · December 2018
If Stock, Current Assets and Working Capital are ₹25 Lakh, ₹80 Lakh and ₹30 Lakh respectively, then liquid ratio will be :
(A) 2.67 : 1
(B) 1.45 : 1
(C) 1.83 : 1
(D) 1.1 : 1

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Ratio Analysis

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic