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Start learning 50% faster. Sign in nowSalary 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.
Population of a town is 1,20,000. If number of the male increase by 7% and Females increase by 10% then the population of town would increase by 9.5 %. ...
Marks scored by A and B in a test are in the ratio 13:6 respectively. If B had scored 4 more marks, then marks scored by A would be 30% more than that o...
5 years ago ratio of the ages of the two persons A and B was 3:1. 3 years hence the ratio of their ages will be 7:3. Find the present age of B.
A mixture contains milk and water in the ratio 7:5. If 60 liters of this mixture is replaced with 60 liters of water, the ratio of milk to water becomes...
The ratio between the number of males and females in a college is 25: 26. If the number of males increases by 20% and the number of females increases by...
Two numbers are in the ratio 7:4. After adding 2 and 6 to them respectively the ratio becomes 2:3. Find the bigger number.
Find the fourth proportion of 3, 8 and 18.
The ratio of the monthly incomes of Dinesh, Nikhil and Rohan is 64:73:81. If Dinesh’s annual income is 10,496, what is Rohan’s annual income...
A total amount of Rs. 1220 is to be divided between two friends, Ram and Ranjan, in the ratio (7/9):(11/12). What is the difference between the amounts ...
