Find the current liability from the following: Current ratio 2:5 Liquid ratio 1:5 Prepaid expenses Nil Stock ₹4,000.

CS Executive · Cost and Management Accounting · PYQS · December 2014
Find the current liability from the following: Current ratio 2:5 Liquid ratio 1:5 Prepaid expenses Nil Stock ₹4,000.
(A) ₹20,000
(B) ₹40,000
(C) ₹80,000
(D) ₹4,000.

Topics: Financial Statement Analysis

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