alleryStart learning →Current assets are Rs 6,00,000 and current liabilities are Rs 4,00,000. What is the current ratio?
A1.5:1
B0.67:1
C2:1
D1.2:1
Answer & Solution
Correct answer: A. 1.5:1
6,00,000 divided by 4,00,000 is 1.5, so current assets are 1.5 times current liabilities.
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