Question
A firm’s balance sheet shows: • Current assets: ₹400 lakh • Current liabilities: ₹250 lakh • Inventory: ₹100 lakh • Total debt: ₹500 lakh • Net worth: ₹300 lakh • EBIT: ₹90 lakh • Interest: ₹30 lakh Calculate: (a) Quick Ratio (b) Debt-Equity Ratio (c) Interest Coverage Ratio
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