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  3. 12th Class
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  5. Accounting Ratios

12th Class Accountancy Accounting Ratios Question Bank MCQs - Accounting Ratios

  • question_answer
    Current Assets Rs.40,000; Inventory Rs.12,000; Prepaid Expenses Rs.2,000 and Working Capital Rs.30,000. Liquid ratio will be:

    A) 4:1 

    B) 2.6:1

    C) 2.8 : 1 

    D) 1.4 : 1

    Correct Answer: B

    Solution :

    2.6:1


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