What will be the impact of “ sale of goods worth Rs 5000 on cash” on Current Ratio and Quick Ratio ?
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) →
Current Ratio will not change, Quick Ratio will improve
What will be the impact of “ sale of goods worth Rs 5000 on cash” on Current Ratio and Quick Ratio ?
Correct answer: option 1
The correct answer is Option (1) →
Current Ratio will not change, Quick Ratio will improve