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This question belongs to Commerce Accounting
Accounting
?

Consider the following information:
Share capital Rs. 2,00,000
Long term debts Rs. 1,00,000
Current liabilites Rs. 40,000
Fixed assets Rs. 1,80,000
Current assets Rs. 1,60,000

The Solvency ratio of the business is

Answer & Solution
Correct Answer: Option A
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