Quick ratio is calculated as X-y:z, where
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- A X= stock; y=current assets and z= long-term liabilities
- B X = current assets; y = debtors and z= current liabilities.
- C X=current assets; y= stock and z=current labilities
- D X= debtors; y= stock and z=current assets.
Correct Answer: Option C
Explanation:
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