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______ will result in increase in Liquid Ratio without affecting the Current Ratio. - Accountancy

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Question

______ will result in increase in Liquid Ratio without affecting the Current Ratio.

Options

  • Sale of Stock at cost price

  • Sale of stock at loss

  • Sale of stock at profit

  • Sale of investments at cost

MCQ
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Solution

Sale of Stock at cost price will result in increase in Liquid Ratio without affecting the Current Ratio.

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Chapter 14: Ratio Analysis - OBJECTIVE TYPE QUESTIONS [Page 14.173]

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D. K. Goel Accountancy Volume 1 and 2 [English] Class 12 ISC
Chapter 14 Ratio Analysis
OBJECTIVE TYPE QUESTIONS | Q 111. | Page 14.173
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