Question
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. Calculate Cash ratio of the company?Solution
Cash Ratio = Cash & Cash Equivalents / Current Liabilities 24,000/ 3,50,000 0.07 Cash & Cash Equivalents= cash balance i.e., 24000 Current Liability = Trade Creditors + Bank Overdraft + Short term borrowings = 200,000+1,20,000+30,000 =3,50,000
More Accounts Questions
33 + ? = 40% of 1420
What will come in the place of question mark (?) in the given expression?
? = 60% of 48% of (20 × 350) + 180
- What will come in place of (?) in the given expression.
(84 + 36 ÷ 6) × 2 = ? - What will come in the place of question mark (?) in the given expression?
(120 - ?) ÷ 2 + 35 = 86 - 11 1365 ÷ 15 + (? ÷ 5) = 62 × 3.5
Evaluate
64 ÷ 4 of 5 of [10 ÷ 5 of (9 ÷ 3 + 2)] + (9 ÷ 3 + 1)
150% of 850 ÷ 25 – 25 = ?% of (39312 ÷ 1512)
15.8% of 9000 + 20.4% of 7500 = 30% of ?
Simplify the expression:
(4x² - 16) / (2x - 4)
(1/2) – (3/5) + 3(1/3) = ? + (5/6)
Relevant for Exams:
