Management Accounting MCQ: Quick ratio is 1.8:1, current ratio is 2.7:1 and current liabilities are Rs 60,000. Determine value of stock.

Quick ratio is 1.8:1, current ratio is 2.7:1 and current liabilities are Rs 60,000. Determine value of stock.

Correct Answer: rs 1, 62,000

Make the most of this question

This page focuses on one Management Accounting question from Faculty. After checking the answer, return to the topic list to practice more or run a timed set.

← More Management Accounting MCQs All Faculty topics Mock test hub

WhatsApp+91 99922 70404Management Accounting MCQ: Quick ratio is 1.8:1, current ratio is 2.7:1 and current liabilities are Rs 60,000. Determine value of stock. | Extra Education