Current liabilities Rs . 4 0 , 0 0 0 ; Current assets Rs . 1 ,

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Current liabilities Rs

. 40, 000

; Current assets Rs

. 1, 00, 000

; Inventory Rs

. 20, 000 .

Quick ratio is

? ?

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Financial Reporting Financial Statement Analysis and Valuation

ISBN: 978-0324302950

6th edition

Authors: Clyde P. Stickney

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Posted Date: May 09, 2024 07:50 AM

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Current liabilities Rs . 4 0 , 0 0 0 ; Current assets Rs . 1 ,

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To calculate the quick ratio we need to use the following formula Quick Rat... View the full answer

Financial Reporting Financial Statement Analysis and Valuation

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