The opportunity cost of a given activity is ​

Answer:

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Given:

• Current assets = Rs 35,000
• Current liabilities = Rs 17,500
• Inventory = Rs 15,000
• Operating expenses = Rs 20,000
• RFO [Revenue from Operations] = Rs 60,000
• Cost of RFO = Rs 30,000

To find: The current ratio and liquid ratio.

Answer:

Current Ratio:

Current ratio = Current assets ÷ Current liabilities

The current assets and the current liabilities are directly given. Substituting them into the formula above,

Current ratio = Rs 35,000 ÷ Rs 17,500

Current ratio = 2:1

Liquid Ratio:

Liquid ratio = Liquid assets/Quick assets ÷ Current liabilities

We only have the current liabilities. We need to find the liquid assets.

Liquid assets = Current assets - Inventory

Liquid assets = Rs 35,000 - Rs 15,000

Liquid assets = Rs 20,000

Now that we have both the values, let's substitute them into the formula.

Liquid ratio = Rs 20,000 ÷ 17,500

Liquid ratio = 1.14:1

Therefore, the current ratio and the liquid ratio are 2:1 and 1.14:1 respectively.

Answer:

The patient was shifted to a hospital

Explanation:

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Answer:

Tropical grasslands are known as campos in Brazil, llanos in Venezuela and savanna in East Africa.

Explanation:

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