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Question -

Handa Ltd. has inventory of ₹ 20,000. Total liquid assets are ₹ 1, 00,000 and quick ratio is 2:1. Calculate current ratio.



Answer -

 

or,
 
 
Current Assets = Liquid Assets + Inventory
= 1, 00,000 + 20,000
= 1, 20,000
 

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