Mathematics · Financial Ratios

A company has ₹1,500,000 in current assets and ₹800,000 in current liabilities. If the inventory is ₹400,000, what is the Quick Ratio (Acid-Test Ratio)?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

12.000
21.750
31.500
41.375✓

Correct answer

1.375

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A company has ₹1,500,000 in current assets and ₹800,000 in current liabilities. If the inventory is ₹400,000, what is the Quick Ratio (Acid-Test Ratio)?

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A company has ₹1,500,000 in current assets and ₹800,000 in current liabilities. If the inventory is ₹400,000, what is the Quick Ratio (Acid-Test Ratio)?

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