Question 2
A small company has current assets of Rs. 200,000, inventories of Rs. 50,000, and current liabilities of Rs. 100,000. What is the quick ratio? Round off to 2 decimal places
A small company has current assets of Rs. 200,000, inventories of Rs. 50,000, and current liabilities of Rs. 100,000. What is the quick ratio? Round off to 2 decimal places
Correct answer: 1.5
Question 2 of 10 in the IIT Madras BS Business Data Management (BDM) Quiz 2 paper sat on 6 Aug 2023, in the May 2023 term (IIT M DIPLOMA AN2 EXAM QPD2 06 Aug 2023). It carries 2 marks.