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Commerce · Q516

Accounting

Graduate and Post Graduate · Commerce · question 516

Q516

The quick ratio is 1.5 : 1 and the quick assets is Rs. 30,000. The quick liability will be

A.
Rs. 20,000
Answer
B.
Rs. 50,000
C.
Rs. 45,000
D.
Rs. 30,000

Answer: Option A

Solution

Answer: Option A
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