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Sol :
Acid Test or Quick Ratio = Quick Assets / Current Liabilities
Add Quick assets at one side
And the other side you add Current Liabilities
Then divide Quick Assests to Current Liabilities
Then you get a quick ratio
Option 1
Quick Ratio =1150000/835000=1.377
Option 2
Quick Ratio =1370000/1055000=1.3
Option 1 is feasible according to company Objective because in Option 2 ratio has declined that means the liquidity has also declined
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