A company’s Current assets are ₹3,00,000 and its current liabilities are ₹2,00,000. Subsequently, it paid ₹50,000 to its trade payables. Current ratio will be

🎲 Try a Random Question  |  Total Questions in Quiz: 109  |  🧠 Study this quiz with Flashcards
This question is part of a full practice quiz:
MCQs for Accounting Ratios — practice the complete quiz, review flashcards, or try a random question.


A company’s Current assets are ₹3,00,000 and its current liabilities are ₹2,00,000. Subsequently, it paid ₹50,000 to its trade payables. Current ratio will be