Question
A company’s Balance Sheet shows the following
figures: • Current Assets amounting to ₹12,00,000, which include an Inventory balance of ₹3,00,000. • Current Liabilities are recorded at ₹6,00,000. For the purpose of liquidity assessment, analysts wish to compute the Acid-Test Ratio (Quick Ratio), Which of the following represents the correct Quick Ratio for the company?Solution
Quick assets = 12,00,000 – 3,00,000 = 9,00,000. Current liabilities = 6,00,000. Quick ratio = 9,00,000 / 6,00,000 = 1.5.
An act done by a person bound by law or by mistake of fact believing himself bound by law is:
Which of the following terms is related to “friend of the court”?
SEBI shall consist of ………. members
An act done by a person bound by law or by mistake of fact believing himself bound by law is:
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Who has the power to impose restrictions on trade, commerce and intercourse between one state and another in public interest?
As per the Foreign Trade (Development and Regulation) Act any vehicle, vessel, aircraft or any other means of transport including any animal means________
Under which products order specifications for vanaspati, margarine and shortenings are laid down?
Under the Right to Information Act, 2005, the time limit for providing information by a public authority is:
Which one of the following is correct:
