Question
Current Assets = ₹4,00,000; Inventory = ₹1,00,000;
Current Liabilities = ₹2,00,000. Compute Quick Ratio.Solution
Quick Assets = ₹4,00,000 – ₹1,00,000 = ₹3,00,000 Quick Ratio = 3,00,000 / 2,00,000 = 1.5.
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