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A company's liquid assets are Rs. 5,00,0...

A company's liquid assets are Rs. 5,00,000 and its current liabilities are Rs. 3,00,000. Thereafter, it paid Rs.1,00,000 to its trade payables. Quick ratio will be:

A

`1.33:1`

B

`2.5:1`

C

`1.67:1`

D

`2:1`

Text Solution

Verified by Experts

The correct Answer is:
D
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