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
AnswerB.
2.9 : 1
C.
2.2 : 1
D.
1.7 : 1
Answer: Option A
Solution
Answer: Option A
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