Question
A company has a Current Ratio of 2.5:1 and Liquid Ratio
of 1.5:1. If its Current Liabilities are ₹4,00,000, the value of Inventory will be:Solution
Current Assets = Current Ratio × Current Liabilities = 2.5 × 4,00,000 = ₹10,00,000. Liquid Assets (Quick Assets) = Liquid Ratio × Current Liabilities = 1.5 × 4,00,000 = ₹6,00,000. Inventory = Current Assets – Liquid Assets = 10,00,000 – 6,00,000 = ₹4,00,000.
Which organisation releases the official eligibility list for the Academy Awards (Oscars)?
Where was the All-India Muslim League established in 1906?
Kerala secured the first position in which of the following indexes for the second consecutive year?
Which of the following statements are true regarding the Perfect Competition market structure?
1. All firms in a perfectly competitive market sel...
Where is the National Geophysical Research Institute located?
How much green hydrogen will India aim to produce annually by 2030 under the National Green Hydrogen Mission?
What is the maximum percentage of equity a Foreigner Portfolio Investor can hold in an company?
In which Indian town was the famous singer Kishore Kumar born?
Who founded the Kuchipudi Art Academy in 1963 to promote the Kuchipudi dance form?
Recently Prime Minister inaugurated an oil refinery in Pachpadra in Bamer district. It is the first oil refinery in the state of:
