CUET Preparation Today
CUET
-- Accountancy Part B
Accounting Ratios
Calculate 'Liquid Ratio' from the following information:
Current liabilities
Rs. 50,000
Current assets
Rs. 80,000
Inventories
Rs. 20,000
Advance tax
Rs. 5,000
Prepaid expenses
0.5:1
0.2:1
1:1
0.8:1
Right Answer not mentioned in NTA Answer key
