Q1682
'X' Ltd. has a liquid ratio of 2 : 1. If its stock is Rs. 40,000 and its current liabilities are of Rs. 1 Lac, its current ratio will be:
A.
1.4 times
B.
2.4 times
AnswerC.
1.2 times
D.
3.4 times
Answer: Option B
Solution
Answer: Option B
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