Quick ratio is 1.8:1, current ratio is 2.7:1 and current liabilities a – McqOptions

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1.	Quick ratio is 1.8:1, current ratio is 2.7:1 and current liabilities are Rs 60,000. Determine value of stock.
A.	Rs 54,000
B.	Rs 60,000
C.	Rs 1, 62,000
D.	None of the above
Answer» B. Rs 60,000

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