Question
A firm has current assets of ₹8 lakh and current
liabilities of ₹5 lakh. If it collects ₹1 lakh from debtors and uses it to pay creditors, what happens to working capital?Solution
Working capital = CA – CL = ₹8L – ₹5L = ₹3L On collection: Debtors ↓ ₹1L, Cash ↑ ₹1L → no change in CA Payment to creditors: Cash ↓ ₹1L, CL ↓ ₹1L → net WC remains unchanged
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Select the set in which the numbers are related in the same way as are the numbers of the following set.
(NOTE : Operations should be performe...
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2. ...
Find the missing numbers. Choose the correct option
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I. 203 + 44 – 27 × 19 ...