Refer the following summarized Balance Sheet of Roy Ltd. as on 31‐3‐2023:
Additional Information: Operating expenses for the year 2023 amounted to Rs. 15,50,000. Consider 365 days in a year.
Calculate Cash ratio from the above information:
Cash & Bank Balance + Marketable Securities / Current Liabilities = 2,40,000 / 4,00,000 = 0.60 Cash & Bank Balance + Marketable Securities: = 40,000 (Cash at Bank) + 50,000 (Cash in Hand) + 1,50,000 (Marketable securities) = 2,40,000 Current Liabilities = Trade Payables + Bank Overdraft = 1,60,000 + 2,40,000 = 4,00,000
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1) Paragraph 4
2) Paragraph 5
3) Paragraph 6
4) Paragraph 3
5) Paragraph 1
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Once a year, Kodava families from around the world come together to participate in a unique hockey tournament of a sleepy town .
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