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Commerce · Q1135

Accounting

Graduate and Post Graduate · Commerce · question 1135

Q1135

If current ratio is 2.4 : 1 and current liability is Rs. 20,000/-, then what will be the amount of current assets

A.
Rs. 44,000
B.
Rs. 48,000
Answer
C.
Rs. 50,000
D.
Rs. 8,333

Answer: Option B

Solution

Answer: Option B
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