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Can Current Ratio and Quick Ratio be same at any moment?

  • Post category:Accountancy
  • Reading time:1 mins read

SOLUTION

Yes, if there are no prepaid expenses and inventory in the business.


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Previous PostGive one point of distinction between Current Ratio and Quick Ratio.
Next PostMention two ratios in which one figure is from Profit and Loss Account and one from Balance Sheet.

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