Mathematics · Accounting Ratios
A company has Current Assets = ₹6,00,000, Inventory = ₹1,50,000 and Current Liabilities = ₹3,00,000. What is the Quick Ratio of the company?
- 10.9 : 1
- 21.5 : 1✓
- 31.25 : 1
- 41.0 : 1
Correct answer
1.5 : 1
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