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Salary paid in advance is a prepaid expense. Its impact on current assets will be that cash will go down and Prepaid Assets will go up, therefore not effecting the total Current Assets. · As such, the current ratio will not be impacted as no change in current assets due to this transaction. · Debt Equity will also not be impacted as it does not take into account the current assets. · Quick ratio, takes into account current assets less any inventory or prepaid assets. As such, the quick ratio will be impacted by this transaction.
A pen whose cost price is Rs 16 is marked a sale price 25% higher. It is then discounted by 25%. The net price of the pen is
Match List I with List II
Lightning is seen before thunder because
EVM Stands for __________.
If * is an operation such that a * b = 3a – 4b. find the value of 3*4
A cut on the palm heals faster than that on the knee because
In two years, half the tiles fall off from a wall. How many years will it be when 75% of the tiles have fallen off?
A ray of light hits a mirror and is reflected. If the mirror rotates by an angle 10° in one direction, then the reflected ray will rotate by
If the area and sum of parallel side of a trapezium are 48 cm² and 48cm respectively. Then the distance between the parallel sides is
How many pairs of squares in a chess board share exactly one corner?
