Liquid or Quick assets =

A. Current assets - (Stock + Work in progress)

B. Current assets + Stock + Work in progress

C. (Current assets + Stock) + Work in progress

D. (Current assets + Work in progress) - Stock

Answer: Option A

Solution(By Examveda Team)

Liquid or Quick assets = Current assets - (Stock + Work in progress).

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Comments ( 1 )

  1. Waqas Yousaf
    Waqas Yousaf :
    3 years ago

    stock is part of liquid assets inventory which ready not work in progress can be sold out quickly please elaborate your answer. i have read list of liquid assets it include stock.

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