Study the information given below carefully and answer the following question.

Quick Ratio for the year 2018 will be....................

1.75:1

The correct answer is option 1- 1.75:1.

Quick Assets = Trade Receivable+Cash in hand
                     = 10,00,000 + 15,00,000
                     = ₹25,00,000

Current Liabilities = Outstanding expenses + trade payables
                            = 25,000 + 14,00,000
                            = ₹14,25,000

Quick Ratio = Quick Assets/Current liabilities
                   = 25,00,000/14,25,000
                   = 1.75:1