Question
Refer to the following Data. Balance Sheet Amount
(Rs.) Fixed Assets 3,00,000 Cash 60,000 Inventory 40,000 Total Assets 4,00,000Â Â Â Share Capital 2,00,000 Long term Debt 1,64,000 Trade Payables 36,000 Total Equity and Liabilities 4,00,000' What is the Current Ratio of JKL Ltd based on given information? Refer to the following Date for Q2-Q3 Balance Sheet Amount (Rs.) Fixed Assets 3,00,000 Cash 60,000 Inventory 40,000 Total Assets 4,00,000 Â Â Share Capital 2,00,000 Long term Debt 1,64,000 Trade Payables 36,000 Total Equity and Liabilities 4,00,000Solution
Current Ratio = Current assets/current liabilities = (Cash + Inventory) /trade payables = (60,000 + 40,000) / 36,000 = 2.87
More Basic Accounting Concepts Questions
244.98% of 189.98% of 599.99 + 199.98 = ?
22.11 × 7.02 – 70.12% of 209.69 + 227.21 = ?
888.191 + 2.0001 X 7.961= ?
((341.789)1/3 × (0.0049)1/2)× 429.798/6.88 =?
49.99% of 5400 + 923=?
10562.41 - 7893.78 + 9647.35 + ? = 19500.24
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)
What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)...
5555.05 + 500.05 + 5000.005 + 5.005 =?
(? + 11.86) X 14.89 = 19.89% of 2399.89
