7 Views

Question : Quick Ratio 2.5; Current Assets Rs.1,50,000; Current Liabilities Rs.40,000. The Value of Inventory

Option 1: Rs 60,000

Option 2: Rs 40,000

Option 3: Rs 50,000

Option 4: None of the above.


Team Careers360 3rd Jan, 2024
Answer (1)
Team Careers360 11th Jan, 2024

Correct Answer: Rs 50,000


Solution : Answer = Rs 50,000

Quick Ratio= $\frac{\text{Quick Assets}}{\text{Current Liab}}$ = 2.5:1

Q. Ratio= $\frac{2.5}{1}$= $\frac{\text{Quick Assets}}{40,000}$

Q.Assets= 40,000 x 2.5 = 1,00,000

Q.Assets = C. Assets - Stock

1,00,000 = 1,50,000 - Stock; Stock =50,000.
Hence, the correct option is 3.

Related Questions

UPES B.Tech Admissions 2026
Apply
Ranked #43 among Engineering colleges in India by NIRF | Highest Package 1.3 CR , 100% Placements
UPES Integrated LLB Admission...
Apply
Ranked #18 amongst Institutions in India by NIRF | Ranked #1 in India for Academic Reputation by QS Rankings | 16 LPA Highest CTC
Presidency University MBA Adm...
Apply
NAAC A+ Accredited | Highest CTC 10 LPA | Top Recruiters : Amazon, Accenture, KPMG, EY, Capgemini & many more
Nirma University Law Admissio...
Apply
Grade 'A+' accredited by NAAC | Ranked 33rd by NIRF 2025
UPES M.Tech Admissions 2026
Apply
Ranked #45 Among Universities in India by NIRF | 1950+ Students Placed 91% Placement, 800+ Recruiters
UPES | BBA Admissions 2026
Apply
#36 in NIRF, NAAC ‘A’ Grade | 100% Placement, up to 30% meritorious scholarships
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