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NEW QUESTION: 1
Section B (2 Mark)
Matrix Ltd has a current ratio of 1.6, and a quick ratio equal to 1.2. The company has Rs 20,00,000 in sales and its current liabilities are Rs 10, 00,000. What is the company's inventory turnover ratio?
A. 5.2
B. 5.5
C. 0
D. 1
Answer: D


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