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A firm has total current assets of Rs 10 000 (including...

This question belongs to Commerce Accounting
Accounting
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A firm has total current assets of Rs. 10,000 (including inventory of Rs. 4,000), and total current liabilities of Rs. 3,000. What will be the amount of short-term bank borrowings to make the quick ratio 1.5:

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Correct Answer: Option D
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