Current Assets ₹ 6,00,000; Inventories ₹ 1,20,000; Working Capital ₹ 5,04,000. Calculate Quick Ratio.Solution:- Anurag PathakAugust 1, 2023
Quick Assets ₹ 3,00,000; Inventory (Stock) ₹ 80,000; Prepaid Expenses ₹ 20,000; Working Capital ₹ 2,40,000. Calculate Current Ratio.Solution:- Anurag PathakAugust 1, 2023
From the following information, Calculate Quick Ratio: Total Debt 12,00,000 Total Assets 16,00,000Solution:- Anurag PathakAugust 1, 2023
From the following information, calculate Liquid Ratio: Current Assets 4,00,000, Inventories 1,00,000Solution:- Anurag PathakAugust 1, 2023
A firm had current Liabilities of ₹ 5,40,000. It purchasad stock of ₹ 60,000 on credit. After the purchase of stock, Current Ratio was 2 : 1.Solution:- Anurag PathakAugust 1, 2023
A firm had Current Assets of ₹ 5,00,000. It paid Current Liabilities of ₹ 1,00,000 and the Current Ratio became 2 : 1.Solution:- Anurag PathakAugust 1, 2023
Ratio of Current Assets (₹ 8,75,000) to Current Liabilities (₹ 3,50,000) is 2.5 : 1. The firm wants to maintain Current Ratio of 2 : 1 by purchasing goods on credit.Solution:- Anurag PathakAugust 1, 2023
Ratio of Current Assets (₹ 3,00,000) to Current Liabilities ₹ 2,00,000) is 1.5 : 1. The accountant of the firm isSolution:- Anurag PathakAugust 1, 2023
Current Liabilities of a Company were ₹ 1,75,000 and its Current Ratio was 2 : 1. It paid ₹ 30,000 to a Creditor, Calculate Curren Ratio after payment.Solution:- Anurag PathakAugust 1, 2023
Current Assets are ₹ 7,50,000 and Working Capital is ₹ 2,50,000. Calculate Current Ratio.Solution:- Anurag PathakAugust 1, 2023