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A Company's Liquid Assets are Rs. 2,00,0...

A Company's Liquid Assets are Rs. 2,00,000, Inventory is Rs. 1,00,000, Prepaid Expenses are Rs. 20,000 and Working Capital is Rs. 2,40,000. Its Current Ratio will be

A

`1.33:1`

B

`4:1`

C

`2.5:1`

D

`3:1`

Text Solution

Verified by Experts

The correct Answer is:
B
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