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1.The most precise test of liquidity is 2. Quick ratio is 1.8:1, current ratio is 2.7:1 and current liabilities are Rs 60,000. Determine value of

1.The most precise test of liquidity is

2. Quick ratio is 1.8:1, current ratio is 2.7:1 and current liabilities are Rs 60,000. Determine value of stock. a.Rs 54,000 b.Rs 60,000 c.Rs 1,62,000 d.None of the above

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