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Question

Accountancy Question on Assets & Liabilities

What are the different types of liquidity ratios
A. Interest coverage ratio
B. Current ratio
C. Inventory turnover ratio
D. Gross profit ratio
E. Acid test ratio
Choose the correct answer from the options given below:

A

A & B only

B

B & E only

C

B & D only

D

D & E only

Answer

B & E only

Explanation

Solution

The correct option is (B): B & E only