Asia Private Ltd. company provide you the details that it has a Stock = Rs. 60,000;...
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Asia Private Ltd. company provide you the details that it has a Stock = Rs. 60,000; Debtors = Rs. 70,000; Cash = Rs. 20,000; Bill Receivable = Rs. 30,000; Prepaid expenses = Rs. 10,000; Creditors= Rs. 20,000; Bills Payable = Rs. 15,000; Tax Payable= Rs. 18,000; Outstanding Expenses = Rs. 7,000 and Bank Overdraft = Rs. 25,000. What shall be the Current Ratio? Asia Private Ltd. company provide you the details that it has a Stock = Rs. 60,000; Debtors = Rs. 70,000; Cash = Rs. 20,000; Bill Receivable = Rs. 30,000; Prepaid expenses = Rs. 10,000; Creditors= Rs. 20,000; Bills Payable = Rs. 15,000; Tax Payable= Rs. 18,000; Outstanding Expenses = Rs. 7,000 and Bank Overdraft = Rs. 25,000. What shall be the Current Ratio?
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