Teaching UP PGT Mock Test Series 2024 Accountancy Financial Statement Analysis Ratio analysis

The current ratio of X Limited is 2∶ 1 and the quick ratio is 1.5∶ 1. If its current liabilities are 80,000, then the value of the stock will be:

1

Rs. 1,60,000

2

Rs. 1,20,000

3

Rs. 40,000

4

Rs. 80,000

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