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A Company’s Quick Ratio is 1.5:1; Current Liabilities are `2,00,000 and Inventory is `1,80,000.Current Ratio will be:

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A Company’s Quick Ratio is 1.5:1; Current Liabilities are `2,00,000 and Inventory is `1,80,000.Current Ratio will be:

 Options:

A. 0.9:1
B. 1.9:1
C. 1.4:1
D. 2.4:1

 

The Correct Answer Is:

  • D. 2.4:1

 

Conclusion

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