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Accounting Ratios — Accountancy STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceAccountancyAccounting Ratios1 Mark
Question
The two basic measures of liquidity are:
  1. Inventory turnover and current ratio.
  2. Current ratio and liquid ratio.
  3. Gross profit margin and operating ratio.
  4. Current ratio and average collection period.
✓

Answer

  1. Current ratio and liquid ratio.

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