Mathematics · Financial Accounting and Ratios
A firm's current assets are ₹10,00,000, its current liabilities are ₹5,00,000, and its quick ratio is 1.5:1. Calculate the value of the firm's inventory, assuming current assets consist only of quick assets and inventory.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹7,50,000
- 2₹2,50,000✓
- 3₹5,00,000
- 4₹10,00,000
Correct answer
₹2,50,000
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