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Commerce · Q1103

Accounting

Graduate and Post Graduate · Commerce · question 1103

Q1103

If current ratio is 1.75 : 1, working capital Rs. 1,12,500 and stock Rs. 82,500, then Acid test ratio will be:

A.
1.2 : 1
Answer
B.
2.9 : 1
C.
2.2 : 1
D.
1.7 : 1

Answer: Option A

Solution

Answer: Option A
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