MCQs > Finance & Management > Management Accounting > Given that current liabilities are at Rs. 300,000, current ratio is 3:1 and quick ratio is 1:1, the value of stock will be:

Management Accounting MCQs

Given that current liabilities are at Rs. 300,000, current ratio is 3:1 and quick ratio is 1:1, the value of stock will be:

Answer

Correct Answer: 6,00,000

Explanation:

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