Question Text
Question 1 :
If the current ratio is $2 : 1$ and working capital is $Rs. 60,000$, what is the value of the current assets?
Question 3 :
Which of the following are the objective of ratio analysis?<br>a. Profitability.<br>b. Liquidity.<br>c. Insolvency.<br>d. Activity level in the business.
Question 4 :
Which one of the following statements is correct? When creditors' velocity or creditors' turnover is higher as compared to debtors' velocity, it would ______________.<span><br/></span>
Question 8 :
Purchase of inventory on credit will cause the quick ratio to <u>             </u> .
Question 12 :
Given current ratio $2$ : $1$<br>Net working capital = Rs.$60,000$<br>With the information given above. what is the amount of current assets?
Question 13 :
Collection of cash from debtors will cause the current ratio to ________.
Question 14 :
Total current assets are increased by Rs.$50,000$/- but total current liabilities remain unchanged. In this situation the current ratio will be _____________.