Ratio 76
X Ltd. has a Current ratio of 3·5 : 1 and Quick ratio of 2 : 1. If excess of Current Assets over Quick Assets is represented by inventories of ₹ 16,000 and prepaid expenses of ₹ 8,000, calculate: (a) Current Liabilities (b) Current Assets (c) Quick Assets Marks-3, CBSE: 2023-24/Compartment/Set-1/Q-32 Answer : The solution … Read more