Question : The Current Ratio of a company is 2:1. State, that the following transaction would improve, reduce or alter the current ratio.

Issue of new shares against the purchase of fixed assets.
Option 1:
Improve
Option 2:
Reduce
Option 3:
Alter
Option 4: Not alter

Question

Question : The Current Ratio of a company is 2:1. State, that the following transaction would improve, reduce or alter the current ratio.

Issue of new shares against the purchase of fixed assets.

Option 1:

Improve

Option 2:

Reduce

Option 3:

Alter

Option 4: Not alter

Team Careers360 · Accepted Answer

Correct Answer: Not alter

Solution :

Neither current assets nor current liabilities are affected because non-current and Non-current liabilities are increased by the same amount.
Hence, the correct ratio is option 4.

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Question : The Current Ratio of a company is 2:1. State, that the following transaction would improve, reduce or alter the current ratio. Issue of new shares against the purchase of fixed assets.Option 1: ImproveOption 2: ReduceOption 3: AlterOption 4: Not alter

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Question : The Current Ratio of a company is 2:1. State, that the following transaction would improve, reduce or alter the current ratio.

Issue of new shares against the purchase of fixed assets.
Option 1:
Improve
Option 2:
Reduce
Option 3:
Alter
Option 4: Not alter

Question : The Current Ratio of a company is 2:1 . State, that the following transaction would improve, reduce or alter the current ratio.

Purchasing goods on credit.

Question :
Quick Ratio 1:1.Current Assets Rs 60,000, Current liabilities Rs 40,000. Calculate the value of inventory.

Question :
The colour of the eye depends upon the pigment present in: