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ON STOCK TURNOVER RATIO AND QUICK RATIO: Calculate current assets of a company from the following…

ON STOCK TURNOVER RATIO AND QUICK RATIO: Calculate current assets of a company from the following information: Stock turnover ratio= 4 times Stock in the end is Rs 20000 more than stock in the beginning Sales = Rs 300000 Gross profit ratio 25% Current liabilities = Rs 40000 Quick ratio 0.75

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