CUET Accountancy - Calculate 'Liquid Ratio' from the following information: | Current liabilities | Rs. 50,000 | |---|---| | Current assets | Rs. 80,000 | | Inventories | Rs. 20,000 | | Advance tax | Rs. 5,000 | | Prepaid expenses | Rs. 5,000 | | PYQs + Solutions | AfterBoards