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Commerce · Q793

Accounting

Graduate and Post Graduate · Commerce · question 793

Q793

Current Ratio is 2.7 : 1, Quick Ratio 1.8 : 1, Current Liabilities Rs. 60,000 The Value of Stock shall be

A.
Rs. 54,000
Answer
B.
Rs. 60,000
C.
Rs. 1,08,000
D.
Rs. 1,62,000

Answer: Option A

Solution

Answer: Option A
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