Working Capital ₹ 4,00,000; Total Debts ₹ 18,00,000; Non-Current Liabilities ₹ 16,00,000; Inventories ₹ 1,90,000; Prepaid Expenses ₹ 10,000.
Calculate Quick Ratio from the following:
Working Capital ₹ 4,00,000; Total Debts ₹ 18,00,000; Non-Current Liabilities ₹ 16,00,000; Inventories ₹ 1,90,000; Prepaid Expenses ₹ 10,000.
[Ans.: Quick Ratio = 2 : 1.]
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