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Calculate Current Ratio:

Question

Calculate Current

Ratio:

A 1.5 Correct Answer Incorrect Answer

B 1.6 Correct Answer Incorrect Answer

C 1.8 Correct Answer Incorrect Answer

D 2.6 Correct Answer Incorrect Answer

Solution

Current Ratio = Current Assets/Current Liabilities = 1,50,000/1,00,000 = 1.5

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