If a firm has 100 in inventories, a current ratio equal to 1.2, and a quick ratio equal to 1.1, what is the firm's Net Working Capital?
Current Ratio = CA/CL=1.2 CA= 1.2CL -------(1) Quick Ratio = (CA-100)/CL=1.1 Equating (1) in quick ratio will give: 1.2 CL-100 / CL = 1.1 CL = 1000 So, CA will be 1.2 CL i.e., 1.2 * 1000 = 1200 WC = CA-CL 1200-1000 = 200
Statements:
All M are K.
All K are J.
All L are J.
No L is a P.
Conclusions:
I. No K is ...
In the question three statements are given, followed by three conclusions, I, II and III. You have to consider the statements to be true even if it see...
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varianc...
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Some pen is pencil
Only a few pencils is mobile
No mobile is laptop
Conclusions:
I) Some laptop...
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Some digit are vowel.
No vowel is letter.
All letter are word.
Conclusions:
I. Some vowel are word.
<...Statements:
All nice are tampered.
All tampered are beaten.
All mixed are beaten.
Conclusions:
I. No tampered is mixe...
Statement:
I) Some colour are nice
II) Some nice are floor
III) No floor is blue
IV) All colour are good
Conclusi...
Statement:
Only few Red are yellow
No yellow are white.
Only green are white.
Conclusion:
I. Some yellow are re...
Statement : Only pant is T-shirt
Some pant is Shirt
No shirt is jacket.
Conclusion
I. All T-shirt being Shirt is a pos...
Statement : Some X are Y.
Only a few Z are X.
All Y are A.
Conclusion
I. All X are Z
II. Some A are Z
