Question
A company has the following balances on its Balance Sheet: • Cash & Bank Balances: ₹2 crore • Trade Receivables: ₹4 crore • Inventory: ₹6 crore • Short-term Investments: ₹3 crore • Trade Payables: ₹1 crore • Provisions for bonus and doubtful debts: ₹2 crore • Other Current Liabilities: ₹7 crore Based on this information, what is the Quick Ratio of the company?
More Financial Statement Analysis Questions
- 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,...
- The ratio that measures the efficiency of total assets usage is:
- A company earns ₹20,00,000. Capitalisation rate is 10%. Equity capital is ₹1,00,00,000 (₹10 each). Dividend payout ratio is 40%. According to Walter’s Mode...
- Which of the following is a useful liquidity metric for short-term creditors?
- An entity purchases 1,000 shares of X Ltd. at ₹120 per share. Brokerage and taxes amount to ₹10,000. At year-end, the fair market value of the investment i...
- Which of the following increases return on assets (ROA) if profit constant?
- A company has sales ₹50,00,000 and gross profit margin 40% (on sales). Cost of goods sold (COGS) is:
- If Current Assets are ₹10,00,000, Inventory is ₹4,00,000, and Current Liabilities are ₹5,00,000, the Quick Ratio is:
- Which ratio measures a company's ability to meet its short-term obligations?
- A firm’s net sales are ₹5 crore, and cost of goods sold is ₹3.5 crore. Inventory at the start of the year was ₹80 lakhs and at the end ₹1.2 crore. Calcula...
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
