Home
Class 12
ACCOUNTS
Current Assets Rs. 4,00,000, Current Lia...

Current Assets Rs. 4,00,000, Current Liabilities Rs. 2,00,000 and Inventory is Rs. 50,000. Liquid Ratio will be:

A

`2:1`

B

`2.25:1`

C

`4:7`

D

`1.75:1`

Text Solution

Verified by Experts

The correct Answer is:
D
Promotional Banner

Topper's Solved these Questions

  • ACCOUNTING RATIOS

    DK GOEL|Exercise Multiple Choice Questions (Solvency Ratios)|19 Videos
  • ACCOUNTING RATIOS

    DK GOEL|Exercise Multiple Choice Questions (Activity Ratios)|31 Videos
  • ACCOUNTING FOR PARTNERSHIP FIRMS - FUNDAMENTALS

    DK GOEL|Exercise Multiple Choice Questions (viii) Guarantee of Profit to a Partner (HOTS)|13 Videos
  • ACCOUNTING TREATMENT OF GOODWILL

    DK GOEL|Exercise ILLUSTRATION 6.|1 Videos