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Quick Assets are calculated by excluding Inventory and Prepaid Expenses from Current Assets. Inventory is excluded because it may not be quickly converted into cash without a loss of value, and Prepaid Expenses are payments made for services not yet received, which cannot be converted into cash. The calculation focuses on the most liquid assets, such as cash, marketable securities, and receivables.
Which of the following securities are included as eligible securities for margin trading facility provided by the stock brokers?
- Who is the regulator of the corporate sector?
Which bank recorded the highest growth rate in total business among PSBs in FY24?
What does the ratio obtained by dividing a company's net income by its number of shares outstanding signify ?
While finalizing the current year's profit, the company realized that there was an error in the valuation of closing Inventory of the previous year. In ...
Which company received RBI approval to become a Core Investment Company (CIC)?
The Reserve Bank of India - Digital Payments Index (RBI-DPI) comprises five broad parameters. Which of the following is NOT one of these parameters?
Which of the following RBI directions provides the legal authority for the issuance of the Master Direction on KYC?
Which of the following Schemes allows the retail investors to Open & maintain retail Gilt account with RBI?
How much did the Reserve Bank of India approve to transfer as a dividend to the Government of India for FY24?