A) 0.77 : 1
B) 2.7 : 1
C) 1.08 : 1
D) 0.42 : 1
Correct Answer: A
Solution :
| [a] 0.77 : 1 |
| Hint: \[\operatorname{Liquid} Ratio = \frac{\operatorname{Liquid} Assets}{Current Liabilities}\] |
| =\[\frac{Current Investment + Cash \And Cash Equivalents}{Short-term Borrowings + Short-term Provisions}\] |
| \[\frac{15,000+12,000\text{ }}{10,000+25,000~}=\frac{27,000}{35,000}\]=0.77:1 |
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