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