Calculate Current Ratio:
Stock÷₹2,00,000
Current Liabilities÷₹1,20,000
Quick Ratio÷1.5:1
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quick ratio= 1.5:1
quick assets / current liabilities
=1.5/1
quick assets =1.5×120000
=180000 Rs
current asset = Q.A +stock
=180000+200000
= 380000 Rs
CR. = CA/ CC
= 380000/120000
=3.167
may this will help you
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