Question
Calculate the Current ratio based on above
information? Read the following information to answer the below questions: Â Net Sales = 40,00,000 (20 % GP Element) out of which 40% is on credit. Opening Inventories were 60 % of closing inventories. Opening Receivables are 120,000. ÂSolution
Current Ratio = Current Assets/Current Liabilities 7,84,000 / 3,50,000 =2.24 Current Assets = Stock + Debtors + Cash = 420,000+340,000+24000 = 7,84,000 Current Liability = Trade Creditors + Bank Overdraft + Short term borrowings = 200,000+1,20,000+30,000 =3,50,000
Statement: L ≥ X ≤ Z > Y ≤ A, Y = B ≥ CÂ
Conclusion: I. C >A                         II. A ≥ C
...Statements:
E ≤ A > J ≥ L; Y > J < D
Conclusions:
I. D > L
II. A > L
Statements: Q ≥ R > U; R ≤ S; U ≥ B
Conclusions: I. B < R II. B ≤ Q
Statements: V > I; W = U < I; V < X = Y ≥ Z
Conclusions:
I. Y > U
II. Z ≤ I
III. W < Y
...In the question, assuming the given statements to be true, find which of the following conclusion(s) among the three conclusions is/are true and then ...
Statements: Â P > Q > R > S > T < U < V < W < X
Conclusion:
I. Â P > T
II. Â U < X
...In this question, the statement is followed by two conclusions. Which of the two conclusion(s) is/are true?
Statement: Z < L < P = V ≥ H = U �...
Statement: B = L > N < M; M ≤ V < G
Conclusions:
I. G > N                           Â
II. B = M ...
What is the suitable sign that should be placed so that O > K is true, and J ≤ M is true in the relation 'J = K ≤ L ( ) M < N = O'?
Statements: M > N > P ; P = Q ; N < R
Conclusions:
I. Q < N
II. P < M
III. M > R
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