Current liabilities of a firm are ₹1,50,000. Its current ratio is 3:1 and liquid ratio is 1:1. The value of stock will be —
CS Executive · Cost and Management Accounting · PYQS · June 2016
Current liabilities of a firm are ₹1,50,000. Its current ratio is 3:1 and liquid ratio is 1:1. The value of stock will be —
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Financial Statement Analysis
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