Question
A company has Current Assets = ₹6,00,000; Current
Liabilities = ₹3,00,000; Inventory = ₹1,50,000. Calculate Quick Ratio.Solution
Quick Assets = CA – Inventory = 6,00,000 – 1,50,000 = 4,50,000. Quick ratio = 4,50,000 / 3,00,000 = 1.5 : 1.
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