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Current Assets of a Company were Rs. 1,0...

Current Assets of a Company were Rs. 1,00,000 and its current ratio was `2:1`. After this the company paid Rs. 25,000 to a trade payable. The current ratio after the payment will be:

A

`5:1`

B

`2:1`

C

`3:1`

D

`4:1`

Text Solution

Verified by Experts

The correct Answer is:
C
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