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a. From the following, calculate the Current Ratio:
Rs
Cash-in-hand
2,50,000
Sundry Debtors
1,50,000
Stock-in-trade
2,00,000
Sundry Creditors
Bills Payable
1,00,000
b. From the following, compute Current Ratio:
Stock
30,000
20,000
Cash or Bank
8,000
Bills Receivable
15,000
Short-term Investments
25,000
Prepaid Expenses
2,000
Bank Overdraft
10,000
Outstanding Expenses
5,000
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