[ISC] Q. 107 Solution of Ratio Analysis TS Grewal Class 12 (2022-23)

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solution of Question number 107 of the Ratio Analysis of TS Grewal Book 2022-23 session ISC Board?

Ratio of the Current Assets (₹ 3,00,000) to the Current Liabilities (₹ 2,00,000) is 1.5 : 1. The Accountanty of the firm is interested in maintaining the Current Ratio of 2 : 1. by paying off a part of the Current Liabilities, Compute the amount of the Current Liabilities that should be paid so that the Current Ratio at the level 2 : 1 may be maintained.

Solution:-

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