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Business Data Management · Quiz 1 · 16 Oct 2022 · September 2022 term

Question 12: Current ratio for this firm (round the answer to 2 decim…

Question 12

+1 markNumerical answer

A firm has total assets worth INR 45000000/- of which 10000000/- is illiquid. Its total current liabilities sum up to INR 60000000/-.
Based on the above data, answer the given subquestions.

Current ratio for this firm (round the answer to 2 decimal places)?

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Correct answer: 0.75 (accepted within ±0.025)

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Question 12 of 13 in the IIT Madras BS Business Data Management (BDM) Quiz 1 paper sat on 16 Oct 2022, in the September 2022 term (IIT M QUIZ 1 FOUNDATION DAD DIPLOMA QPD2 16 Oct 2022). It carries 1 mark.

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