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प्रश्न
Quick Ratio of Roxy Traders is 0.8 : 1. State with reasons whether the following transaction will increase, decrease or will have no change on the ratio.
Goods purchased on Credit
कारण सांगा
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उत्तर
Decrease in Quick Ratio
Reason:
- Credit purchase increases Current Liabilities.
- It does not increase Quick Assets (stock increases, but stock is not a quick asset).
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