MCQOPTIONS
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| 1. |
In last year the current ratio was 3:1 and quick ratio was 2:1.Presently current ratio is 3:1 but quick ratio is 1:1.This indicates comparably |
| A. | high liquidity |
| B. | higher stock |
| C. | lower stock |
| D. | low liquidity |
| Answer» C. lower stock | |