Current ratio is 2.5 and liquid ratio is 1.5. Working capital is ₹75,000. Value of the stock held will be —
CS Executive · Cost and Management Accounting · PYQS · December 2015
Current ratio is 2.5 and liquid ratio is 1.5. Working capital is ₹75,000. Value of the stock held will be —
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Financial Statement Analysis
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