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

  • question_answer
    Two basic measures of liquidity are:

    A) inventory turnover and current ratio

    B) current ratio and quick ratio

    C) gross profit ratio and operating ratio

    D) current ratio and average collection period

    Correct Answer: B

    Solution :

    [b] current ratio and quick ratio


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