Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Accountancy Balance sheet statement Current Assets & Current Liabilities
A firm's current assets and current liabilities are Rs. 1600 and Rs. 1000, respectively. How much can it borrow on a short-term basis without reducing the current ratio below 1.25?
1
Rs. 2000
2
Rs. 1280
3
Rs. 1400
4
Rs. 1080