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
AnswerC.
1.2 times
D.
3.4 times
Answer: Option B
Solution
Answer: Option B
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