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Commerce · Q779

Costing

Graduate and Post Graduate · Commerce · question 779

Q779

X Ltd has a liquid ratio of 2 : 1. If its stock is Rs. 40,000, and its current liabilities are of Rs. 1,00,000, its current ratio will be

A.
1.4 times
B.
2.4 times
Answer
C.
1.2 times
D.
3.4 times

Answer: Option B

Solution

Answer: Option B
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