Question
Calculate the Current ratio based on above information?
Read the following information to answer the below questions: 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.
More Accounts Questions
- Which of the following is NOT considered an element of working capital management under the 3 Es framework?
- ………… of CGST Act, 2017 lists down the activities which shall be treated neither as supply of goods nor as supply of services.
- A company manufactures goods with normal loss of 5%. In one batch, due to worker negligence, loss rose to 12%. At what level should inventory be valued?
- A company repays part of long-term loan. In cash flow statement (indirect method), repayment is shown in:
- A type of market where debt and stocks are traded and maturity period is more than a year is known as
- As per General Financial Rules, 2017 who has been given full powers to make their own arrangements for procurement of goods and services, that are not avai...
- Provisions of Section 64(1A) will not be applicable to any income of a minor child suffering from any disability specified under ________. In other words, ...
- XYZ Ltd. presented the following summary for the year ended 31st March 2024: Net Profit before tax ₹18 lakh, depreciation ₹2 lakh, gain on sale of fixed as...
- GSTN is a?
- An expansionary (inflationary) gap occurs when:
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
