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    Question

    Given: Current Assets = ₹6,00,000

    Inventory = ₹1,50,000 Current Liabilities = ₹2,00,000 What is Quick Ratio?
    A 2.25 Correct Answer Incorrect Answer
    B 2.00 Correct Answer Incorrect Answer
    C 1.75 Correct Answer Incorrect Answer
    D 1.50 Correct Answer Incorrect Answer
    E 1.25 Correct Answer Incorrect Answer

    Solution

    Quick Assets = CA – Inventory = ₹6L – ₹1.5L = ₹4.5L Quick Ratio = ₹4.5L / ₹2L = 2.25

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