CUET AccountancyFinancial Statements > Easy30 days60 days45 days15 days✅ Correct Option: 3Related questions:27 May Shift 1The two basic measures of liquidity are:14 May Shift 2P/E Ratio (Price Earning Ratio)27 May Shift 2Calculate 'Liquid Ratio' from the following information: Current liabilitiesRs. 50,000Current assetsRs. 80,000InventoriesRs. 20,000Advance taxRs. 5,000Prepaid expensesRs. 5,000