9 Views

Question : A Company's liquid assets are Rs.2,50,000 and its current liabilities are Rs.1,50,000. Thereafter, it paid Rs.50,000  to its trade payables. The quick ratio will be:

Option 1: 1.33:1

Option 2: 2.5:1

Option 3: 1.67:1

Option 4: 2:1


Team Careers360 12th Jan, 2024
Answer (1)
Team Careers360 23rd Jan, 2024

Correct Answer: 2:1


Solution : Answer = 2:1

Quick Ratio= $\frac{\text{Quick Assets}}{\text{Current liabilities}}$
New quick Assets = 2,50,000 - 50,000 = 2,00,000
New Current liabilities = Current liabilities – paid to trade payable 
                                   = 1,50,000 - 50,000
                                   = 1,00,000
New Quick Ratio = 2,00,000/1,00,000= 2:1.
Hence, the correct option is 4.

Related Questions

Amity University-Noida B.Tech...
Apply
Among top 100 Universities Globally in the Times Higher Education (THE) Interdisciplinary Science Rankings 2026
Amity University-Noida M.Tech...
Apply
Among top 100 Universities Globally in the Times Higher Education (THE) Interdisciplinary Science Rankings 2026
SCSVMV Deemed to be Universit...
Apply
MBA At at SCSVMV | NAAC 'A' Grade | AICTE & UGC Aproved | 100% Placement Support | Merit-based Scholarships
Amity University-Noida BBA Ad...
Apply
Among top 100 Universities Globally in the Times Higher Education (THE) Interdisciplinary Science Rankings 2026
VIT Bhopal University | B.Arc...
Apply
Mark presence in the Modern Architectural field with Bachelor of Architecture | Highest CTC : 70 LPA | Accepts NATA Score
New Horizon College BBA Admis...
Apply
UG Admissions 2026 open| NAAC ‘A’ grade | Merit-based Scholarships available.
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books