Accountancy, asked by RitePatil7243, 9 months ago

The current ratio provides a better measure of overall liquidity only when a firm’s inventory cannot easily be converted into cash. If inventory is liquid, the quick ratio is a preferred measure of overall liquidity. Explain.

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Answered by ranajittttroy

0

I think the answer will be 1 :7 as there is a commodity for each shares and each there will be a commercial for each purposes.

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