The current ratio and liquid ratio of the company are 2.5:1 and 1.5:1. If the current assets

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The current ratio and liquid ratio of the company are 2.5:1 and 1.5:1. If the current assets amounted to ₹ 500 million, f ind the amount of inventories held by the company.

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Financial Accounting For Managers

ISBN: 9789352868339

3rd Edition

Authors: Sanjay Dhamija

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Question Posted: Dec 08, 2023 01:13 AM

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The current ratio and liquid ratio of the company are 2.5:1 and 1.5:1. If the current assets

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To find the amount of inventories held by the company we can use the current ratio and the current a...View the full answer

Financial Accounting For Managers

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