Q2172
Given, Cash Rs. 10,000 Creditors Rs. 12,000 Debitors Rs. 20,000 Bills payable Rs. 8,000 Stock Rs. 30,000 Bank loan Rs. 10,000 If bank loan is increased by Rs. 20,000. the current ratio will decrease by
Given,
If bank loan is increased by Rs. 20,000. the current ratio will decrease by
| Cash | Rs. 10,000 |
| Creditors | Rs. 12,000 |
| Debitors | Rs. 20,000 |
| Bills payable | Rs. 8,000 |
| Stock | Rs. 30,000 |
| Bank loan | Rs. 10,000 |
If bank loan is increased by Rs. 20,000. the current ratio will decrease by
A.
20%
AnswerB.
25%
C.
30%
D.
40%
Answer: Option A
Solution
Answer: Option A
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