Question

The particulars of Alpha Ltd given :- Cost of revenue from operations-6,00,000/-, Operating expenses-50,000/-, Gross revenue from operations-8,00,000/-, Returns from customers-10,000/-, Total current assets-3,00,000/-, Total current liabilities-1,00,000/-, Total assets-7,00,000/-, Stock-30,000/-, Unexpired insurance-5,000/-, Share capital-5,60,000/- and Reserve and surplus-40,000/- .From the above instructions given, find out the ratios:- (A) The Liquid ratio of the company will be:-​

Answer 1

Answer:

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Explanation:

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