Accountancy, asked by avish42005, 6 months ago

Quick ratio 3; Current Assets Rs. 2,50,000; Inventory Rs. 40,000. Calculate current liabilities

Answers

Answered by manpreetmishra86

2

Answer:

QR=Current asset –stock –prepaid expenese /current liabilities

3/1=250000-40000/CL

3CL=210000

CL=210000/3

CL=70000

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