Examveda
Examveda

Give:
Current ratio       2.5
Liquid ratio       1.5
Working capital Rs. 1,20,000
Fixed Assets Rs. 3,00,000

Stock in trade will be:

A. Rs. 60,000

B. Rs. 80,000

C. Rs. 1,00,000

D. Rs. 1,20,000

Answer: Option B


This Question Belongs to Commerce >> Accounting

Join The Discussion

Related Questions on Accounting