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A Company's Current Ratio is 2.5:1 and i...

A Company's Current Ratio is `2.5:1` and its Working Capital is Rs. 60,000. If its Inventory is Rs. 52,000, what will be the liquid Ratio?

A

`2.3:1`

B

`2.8:1`

C

`1.3:1`

D

`1.2:1`

Text Solution

Verified by Experts

The correct Answer is:
D
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