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From the following information, Calculate Quick Ratio:

Particulars ₹
Total Debt 12,00,000
Total Assets 16,00,000
Property, Plant and Equipment (Fixed Assets) 6,00,000
Non-Current Investments 1,00,000
Long Term Borrowings 4,00,000
Long-term Provisions 4,00,000
Long-term Loans and Advances 1,00,000
Inventories 1,90,000
Prepaid Expenses

[Ans.: Quick Ratio = 1.5 : 1.]

Anurag Pathak Changed status to publish August 1, 2023
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