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Cash Balance Rs. 5,000, Trade payables R...

Cash Balance Rs. 5,000, Trade payables Rs. 40,000, Inventory Rs. 50,000, Trade Receivables Rs. 65,000 and Prepaid Expenses are Rs. 10,000. Liquid Ratio will be :

A

`1.75:1`

B

`2:1`

C

`3.25:1`

D

`3:1`

Text Solution

Verified by Experts

The correct Answer is:
A
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