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A Company's Quick Ratio is 1.5:1, Curren...

A Company's Quick Ratio is `1.5:1`, Current Liabilities are Rs. 2,00,000 and Inventory is Rs. 1,80,000. Current Ratio will be :

A

`0.9:1`

B

`1.9:1`

C

`1.4:1`

D

`2.4:1`

Text Solution

Verified by Experts

The correct Answer is:
D
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Knowledge Check

  • A Company's Quick Ratio is 1.8:1 , Liquid Assets are Rs. 5,40, 000 and Inventory is Rs. 1,50,000. Its Current Ratio will be :

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