X Ltd. has a Current ratio of 3·5 : 1 and Quick ratio of 2 : 1. If excess of Current Assets over Quick Assets is represented by inventories of ₹ 16,000 and prepaid expenses of ₹ 8,000, calculate: (a) Current Liabilities (b) Current Assets (c) Quick Assets Marks-3, CBSE: 2023-24/Compartment/Set-1/Q-32 Answer : The solution … Read more
From the following information of Ajanta Ltd., calculate ‘Inventory Turnover Ratio’: Particulars Rs. Opening inventory 19,000 Closing inventory 21,000 Purchases 80,000 Wages 9,000 Carriage Outwards 2,000 Return Outwards 1,000 Revenue from operations 80,000 Carriage inwards 4,000 Rent paid 5,000 Marks-3, CBSE: 2023-24/Zone-5/Set-1/Q-32 Answer : The solution is available on our Mobile App Next … Read more
A business has a current ratio of 3:1 and quick ratio of 1.2 1. If working capital is Rs. 1,80,000, calculate total current assets and inventory. Marks-3, CBSE: 2023-24/Zone-4/Set-1/Q-32 Answer : The solution is available on our Mobile App Next Back
From the following information, calculate ‘Return on Investment’: Particulars Rs. Total Assets 10% DebenturesCurrent LiabilitiesNet Profit After Tax Tax 22,00,0005,00,0002,00,0007,20,0001,80,000 Marks-3, CBSE: 2023-24/Zone-3/Set-1/Q-32 Answer : The solution is available on our Mobile App Next Back
Calculate ‘Quick Ratio’ and ‘Debt -Equity Ratio’ from the following information: Rs. Total Debt – 8,00,000 Inventory – 2,20,000 Long Term Debts – 6,00,000 Working Capital – 2,40,000 Shareholders’ Funds – 12,00,000 Marks-3, CBSE: 2023-24/Zone-2/Set-1/Q-32 Answer : The solution is available on our Mobile App Next … Read more
From the given information, calculate: (a) Quick Ratio (b) Inventory Turnover Ratio Particulars Amount (Rs.) Current AssetsInventoryCurrent Liabilities Net Profit Before TaxRevenue from OperationsGross Profit Ratio 20% 4,00,0001,00,0002,00,0007,20,00010,00,000 Marks-3, CBSE: 2023-24/Zone-1/Set-1/Q-32 Answer : The solution is available on our Mobile App Next Back
The Current Ratio of Zenith Ltd. is 2 : 1. State giving reasons, which of the following transactions will improve, reduce or not change the current ratio: Payment to creditors ₹20,000 Purchased goods on credit ₹80,000 Cash received from debtors ₹15,000 Issue of Equity Shares ₹5,00,000 Marks-4, CBSE:2022-23/Compartment/Q-33* Answer : Next Back
(i)From the following information, calculate Operating Ratio: Revenue from Operations : ₹10,00,000 Cost of Revenue from Operations : ₹4,00,000 Selling expenses : ₹80,000 Administrative expenses : ₹1,20,000 (ii)From the following details, calculate Interest Coverage Ratio: Net Profit before Tax : ₹2,00,000 10% Long term debt : ₹5,00,000 Tax rate 40% Marks-4, CBSE:2022-23/Compartment/Q-33* Answer : Next … Read more
These ratios are calculated to determine the ability of the business to service its debt in the long run. Identify and state the significance of three such ratios. Marks-3, CBSE:2022-23/Compartment/Q-32 Answer : Next Back
Debt to Capital Employed ratio is 0.3:1. State whether the following transactions, will improve, decline or will have no change on the Debt to Capital Employed Ratio. Also give reasons for the same. Sale of Equipments costing ₹10,00,000 for ₹9,00,000. Purchased Goods on Credit for ₹1,00,000 for a credit of 15 months, assuming operating cycle … Read more