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प्रश्न
What will be the impact of ‘Bills Payable given to Creditors’ on a liquid ratio of 1 : 1? State with reason.
लघु उत्तर
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उत्तर
When bills payable are given to creditors at a liquid ratio of 1 : 1, the ratio increases. This is due to a fall in both liquid assets and current liabilities, but the reduction in liabilities is larger, improving the company’s capacity to satisfy short-term obligations using liquid assets.
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