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
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.
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 : Who manages the affairs of the company on the behalf of shareholders?
The colour of the eye depends upon the pigment present in:
The concentration of which of the following decreases anaemia?
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