1.

Current ratio of Adaar Ltd. is 2.5:1. Accountant wants to maintain it at 2:1. Following options are available.(i) He can repay Bills Payable(ii) He can purchase goods on credit(iii) He can take short term loanChoose the correct option.(A) Only (i) is correct(B) Only (ii) is correct(C) Only (i) and (iii) are correct(D) Only (ii) and (iii) are correct

Answer»

Correct answer is: (D) Only (ii) and (iii) are correct



Discussion

No Comment Found

Related InterviewSolutions