Calculate liquid ratio from the

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Calculate Liquid Ratio from the following:

 


Rs

Cash

15,000

Bills Receivable

20,000

Stock

22,000

Creditors

17,000

Outstanding Expenses

2,000

 

 


Rs

Debtors

20,000

Short-term Investment

20,000

Prepaid Expenses

3,000

Bills Payable

6,000

Reference no: EM13567667

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