Question : Read the following information carefully and answer the question
Particulars
Revenue from Operations
8,75,000
Creditors
90,000
Bills Receivable
48,000
Bills Payable
52,000
Purchases
4,20,000
Trade Debtors
59,000
Option 1: Liquidity Ratio
Option 2: Solvency Ratio
Option 3: Activity Ratio
Option 4: Profitability Ratio
Correct Answer: Activity Ratio
Solution : Activity ratios are a useful tool for assessing how well an organization uses its resources to produce income and cash.
Question : Match List-I with List-II.
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