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Question #01
CASE # 1
Current Ratio
Current Assets/Current Liabilities
=Rs.3000000/Rs.1500000
= 2:1
CASE#2
=Rs 2750000 / Rs 1250000
= 2.2:1
Quick Ratio
CASE # 1
Current Assets – Inventory/Current Liabilities
=Rs.3000000 – Rs.1000000/ Rs.1500000
=Rs 2000000/Rs.1500000
=1.33:1
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