Q. 28. Calculate Quick Ratio from the following:
Working Capital ₹ 4,00,000; Total Debts ₹ 18,00,000; Non-Current Liabilities ₹ 16,00,000; Inventories ₹ 1,90,000; Prepaid Expenses ₹ 10,000.
[Ans.: Quick Ratio = 2 : 1.]

Solution:-