[CBSE] Q. 29 Solution of Accounting Ratios TS Grewal Class 12 (2023-24)

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Solution of Question number 29 of the Accounting Ratios of TS Grewal Book 2023-24 CBSE Board?

Calculate Quick Ratio from the following:

Working Capital ₹ 4,00,000; Total Debts ₹ 18,00,000; Non-Current Liabilities ₹ 16,00,000; Inventories ₹ 1,90,000; Prepaid Expenses ₹ 10,000.

[Ans.: Quick Ratio = 2 : 1.]

Solution:-

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