Q555
The current ratio of X limited is 2 : 1 and the quick ratio is 1.5 : 1. If the current liability is Rs. 80,000, then the value of the stock will be-
A.
Rs. 1,60,000
B.
Rs. 1,20,000
C.
Rs. 40,000
AnswerD.
Rs. 80,000
Answer: Option C
Solution
Answer: Option C
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