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    Calculate Liquid Assets and Quick Ratio of the Company.
    Question

    Based on following information of a company as at 31 March, 2017, answer question.


    Calculate Liquid Assets and Quick Ratio of the Company.

    A.

    ₹60,000 ; 0.6 : 1

    B.

    ₹1,00,000 ; 1 : 1

    C.

    ₹1,60,000 ; 1.6 : 1

    D.

    ₹2,60,000 ; 2.6 : 1

    Correct option is A

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