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The Quick ratio of X Ltd. is 1.2: 1. What will be the effect of the following transaction on Quick Ratio?
(Increase/decrease or not change the Quick Ratio)
Purchased goods worth ₹40,000 and accepted a bill of exchange for two months

Asked by gv6164858 5th February 2023, 5:24 PM

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5th February 2023, 5:24 PM

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