D:-Statement (i) and (iii) only
Correct Answer:- Option-A
Question34:-lf an organizations Quick ratio is 2:1 , Inventory Rs. 60,000 and Total
current liabilities 1,20,000, what is its current ratio?
A:-1.5:1
B:-2:1
6-1
D:-3:1
Correct Answer:- Option-C
Question35:-lf sales for an year is Rs. 3,00,000, Gross profit Ratio on cost of goods
sold is 25%, what is the amount of Gross profit?
A:-Rs. 50,000
B:-Rs. 75,0....
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