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