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Calculate current ratio and quick ratio from the following information. Stock Rs.1,00,000 Debtors Bills receivables Advance Tax Cash Creditors Bills payable Bank overdraft Rs.

Calculate current ratio and quick ratio from the following information. Stock Rs.1,00,000 Debtors Bills receivables Advance Tax Cash Creditors Bills payable Bank overdraft Rs. 80,000 Rs. 20,000 Rs. 8,000 Rs. 60,000 Rs.1,20,000 Rs. 80,000 Rs. 8,000

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