Practicing Success
What will be the new current ratio if the current ratio is 0.8:1 and the sale of goods is done for ₹200000 (costing ₹220000) by the company? |
0.8:1 0.7:1 0.9:1 0.6:1 |
0.6:1 |
Let us assume the current asset will be ₹80000 and the current liabilities ₹100000 as the current ratio is (0.8:1). |