Current liabilities ₹ 40,000; current assets ₹ 1,00,000; Inventory ₹ 20,000. Quick ratio is _____.
A. 1 : 1
B. 5 : 1
C. 1 : 2
D. 2 : 1
Answer:D
Current liabilities ₹ 40,000; current assets ₹ 1,00,000; Inventory ₹ 20,000. Quick ratio is _____.
A. 1 : 1 B. 5 : 1 C. 1 : 2 D. 2 : 1