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  3. 12th Class
  4. Accountancy
  5. Accounting Ratios

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

  • question_answer
    Debtors = 22,000; Bills receivable = 10,000; Non-Current Investment = 18,000; Inventory = 15,000; Stores & spares (not included in inventory) = 5,000 Current asset will be (for the calculation of current ratio):

    A) 70,000

    B) 52,000

    C) 65,000

    D) 47,000

    Correct Answer: D

    Solution :

    47,000


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