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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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