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

  • question_answer
    Current ratio of a firm is 5 :2. Its current liabilities are Rs.60,000. Inventory is Rs.30,000. Its Liquid Ratio will be:

    A) 2:1

    B) 1:2 

    C) 2:5

    D) 5:2

    Correct Answer: A

    Solution :


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