Question

Calculate 'Liquidity Ratio' form the following information:
`{:("Current liabilities",,=,Rs.50_(,)000,),("Current assets",,=,Rs.80_(,)000,),("Inventories",,=,Rs.20_(,)000,),("Advance tax",,=,Rs.5_(,)000,),("Prepaid expenses",,=,Rs.5_(,)000,):}`

Answer 1

Explanation:

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