Current ratio of a firm is 9 : 4. Its current liabilities are ₹1,20,000. Inventory is ₹30,000. Its liquid ratio will be

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Q. Current ratio of a firm is 9 : 4. Its current liabilities are ₹1,20,000. Inventory is ₹30,000. Its liquid ratio will be

(A) 1 : 1
(B) 1.5 : 1
(C) 2 : 1
(D) 1.6 : 1

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✅ Correct Answer: (C) 2 : 1

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