12th Class Accountancy Accounting Ratios Question Bank MCQs - Accounting Ratios

  • question_answer
    The ratio of Current Assets (Rs.6,00,000) to Current Liabilities (Rs.5,00,000) is 1.2 ; 1. The accountant of the firm is interested in maintaining a Current Ratio of 2 : 1, by paying off a part of the Current Liabilities. Current liability paid will be:

    A) 3,00,000 

    B) 2,00,000

    C) 1,00,000

    D) 4,00,000

    Correct Answer: D

    Solution :


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