Home
Class 12
ACCOUNTS
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
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