Practicing Success
A Company's Current Ratio is 3 : 1 and Liquid Ratio is 1.2 : 1. If its Current Liabilities are Rs2,00,000, what will be the value of Inventory? |
₹2,40,000 ₹ 3,60,000 ₹4,00,000 Rs40,000 |
₹ 3,60,000 |
Current Ratio= Current Assets/Current Liabilities |