A) 0.9 : 1
B) 1.9 : 1
C) 1.4 : 1
D) 2.4 : 1
Correct Answer: D
Solution :
[d] 2.4 : 1 |
Hint: Quick Ratio = \[\frac{Quick\,Assets}{Current\,Liabilities}\] |
\[\frac{1.5}{1}=\frac{\operatorname{QA}}{2,00,000}\] |
QA = Rs. 3,00,000 |
Current Ratio =\[\frac{Current\,Assets}{Current\,Liabilities}\] |
= \[\frac{3,00,000+1,80,000}{2,00,000}\] = 2.4 : 1 |
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