If Current Ratio is 2.5, Acid Test Ratio is 1.5 and Current Liabilities are ₹50,000, the value of inventory is: (A) ₹50,000 (B) ₹75,000 (C) ₹1,25,000 (D) ₹1,50,000
CS Executive · Cost and Management Accounting · PYQS · December 2017
If Current Ratio is 2.5, Acid Test Ratio is 1.5 and Current Liabilities are ₹50,000, the value of inventory is: (A) ₹50,000 (B) ₹75,000 (C) ₹1,25,000 (D) ₹1,50,000
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Ratio Analysis
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