Question

A Company's inventory is 2,00,000. Total liquid assets are 8,00,000 and
quick ratio is 2:1. Calculate the current ratio.​

Answer 1

Answer:

8/3

Explanation:

c. a/c.l

QA= C. A- inventory

C. A-inventory/c.l=2/1= Q. A/c.l

c. l= 3 lakhs

8/3