Question
A manufacturing company reports current assets of ₹8,50,000 and current liabilities of ₹3,40,000 as of 31 March 2025. The assets include ₹1,00,000 worth of prepaid expenses and ₹1,50,000 of inventory. The management wants to evaluate short-term liquidity both with and without inventory. Based on this information, calculate the company’s current ratio and quick ratio.
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