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Commerce · Q1605

Accounting

Graduate and Post Graduate · Commerce · question 1605

Q1605

When working capital is Rs. 60,000 and current ratio is 3 : 1 the current liabilities will be:

A.
Rs. 30,000
Answer
B.
Rs. 80,000
C.
Rs. 90,000
D.
Rs. 1,20,000

Answer: Option A

Solution

Answer: Option A
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