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A Company's Current Assets are Rs. 8,00,...

A Company's Current Assets are Rs. 8,00,000 and its current liabilities are Rs. 4,00,000. Subsequently, it purchased goods for Rs. 1,00,000 on credit. Current ratio will be …………

A

`2:1`

B

`2.25:1`

C

`1.8:1`

D

`1.6:1`

Text Solution

Verified by Experts

The correct Answer is:
C
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