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Assuming quick ratio of 1.2 : 1, Which of the following transactions will improve the quick ratio? - Accounts

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Question

Assuming quick ratio of 1.2 : 1, Which of the following transactions will improve the quick ratio?

Options

  • Sale of goods for cash

  • Sale of goods on credit

  • Issue of new shares for cash

  • All of the Above

MCQ
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Solution

All of the Above

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Chapter 14: Ratio Analysis - OBJECTIVE TYPE QUESTIONS [Page 14.161]

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D. K. Goel Accountancy Volume 1 and 2 [English] Class 12 ISC
Chapter 14 Ratio Analysis
OBJECTIVE TYPE QUESTIONS | Q 18. | Page 14.161
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