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