Question
A company has current liabilities of ₹5 lakh and current assets of ₹6 lakh. Inventory is ₹2 lakh. What is the quick ratio?
More Accounts Questions
- Where an Assesse incurs any expenditure for acquisition of any asset or part thereof in respect of which a payment or aggregate of payment made to a person...
- In online data processing systems, how is data typically entered and processed?
- Which of the following statements is FALSE regarding computerised accounting?
- According to Payment of Bonus Act 1965, what is the minimum bonus in case of an adult payable?
- In relation to the Accounts of Insurance Companies, which of the following statements are correct? (i) Re-insurance means the transfer of a part of risk b...
- Company reports PAT ₹10 crore, transfers ₹2 crore to General Reserve, pays interim dividend ₹1 crore, proposes final dividend ₹2 crore. Compute Dividend Pa...
- NPV is positive when:
- State which statement is incorrect:
- A company purchased machinery for ₹20,00,000 on 1st April 2022. Freight ₹1,00,000, Installation ₹50,000, Trial run expenses ₹30,000, and Loss during trial ...
- A fire insurance policy was issued for one year on 1st January 2024 with a total premium of ₹1,20,000. The insurer recognizes revenue on a time-proportion ...
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
