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A Company's Current Ratio is 2.4:1 and W...

A Company's Current Ratio is `2.4:1` and Working Capital is Rs. 5,60,000. If its Liquid Ratio Ratio is 1.5, what will be the value of inventory?

A

Rs. 6,00,000

B

Rs. 2,00,000

C

Rs. 3,60,000

D

Rs. 6,40,000

Text Solution

Verified by Experts

The correct Answer is:
C
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