Question: Answer the following [15=5] i. If Quick ratio is 3:1, Current assets are Rs. 2,80,000/, inventory is Rs. 40,000/ - what is the value of
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Answer the following [15=5] i. If Quick ratio is 3:1, Current assets are Rs. 2,80,000/, inventory is Rs. 40,000/ - what is the value of current liabilities? ii. If the Debt Equity ratio is 2:1, what is the impact of purchase of fixed asset by taking long term loan? iii. If Debtors are Rs. 3,00,000%, additional bad debts Rs.., 000% and provision for bad debts Rs. 8,000% what is the value of debtors considered for Debtors turnover ratio
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