Question 28
A firm has Current Liabilities of ₹50,000. Its Current Ratio is 2.0:1 and its Quick Ratio is 1.2:1. Based on these figures, what is the value of the firm's Inventory?
₹10,000
₹40,000
₹100,000
₹60,000
A firm has Current Liabilities of ₹50,000. Its Current Ratio is 2.0:1 and its Quick Ratio is 1.2:1. Based on these figures, what is the value of the firm's Inventory?
₹10,000
₹40,000
₹100,000
₹60,000
Correct answer
₹40,000
Question 28 of 43 in the IIT Madras BS Business Data Management (BDM) End Term paper sat on 13 Sept 2026, in the May 2026 term (Business Data Management 13 Sep 26 (Session 2)). It carries 5 marks.