Question : Current Assets 95,000; Inventory 32,000; Prepaid Expenses 3,000. Then liquid assets will be :
Option 1: 107000
Option 2: 60000
Option 3: 63000
Option 4:
None of the above
Correct Answer: 60000
Solution :
Liquid asset = Current Asset - Stock - Prepaid Expense
Liquid asset = 95,000-32,000-3,000=60,000
Option b is the correct answer