Q739
If, Sundry Debtors Rs. 15,000 Bill Receivable Rs. 12,500 Cash at Bank Rs. 17,500 Stock Rs. 15,000 Profit Rs. 20,000 Creditors Rs. 25,000 Bill payable Rs. 15,000 Sales Rs. 1,00,000 The Acid Test Ratio is
If,
The Acid Test Ratio is
| Sundry Debtors | Rs. 15,000 |
| Bill Receivable | Rs. 12,500 |
| Cash at Bank | Rs. 17,500 |
| Stock | Rs. 15,000 |
| Profit | Rs. 20,000 |
| Creditors | Rs. 25,000 |
| Bill payable | Rs. 15,000 |
| Sales | Rs. 1,00,000 |
A.
1.5 : 1
B.
1.125 : 1
AnswerC.
2.4 : 2
D.
3 : 1
Answer: Option B
Solution
Answer: Option B
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