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