Looking for the answer to the question below related to Ratio Analysis ?
A Company’s liquid assets are `5,00,000 and its current liabilities are `3,00,000.Thereafter, it paid `1,00,000 to its trade payables. Quick ratio will be:
Options:
| A. 1.33:1 B. 2.5:1 C. 1.67:1 D. 2:1 |
The Correct Answer Is:
- D. 2:1
Conclusion
I hope you got the answer to your question.
