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"Inventory is not included in quick assets while calculating the quick ratio. But inventory is included in the numerator while calculating the current ratio. So, an increase in the numerator for Firm X because of greater inventory makes its current ratio more than Firm Y. Accounts payable are included in current liability, and it’s the same in the case of quick ratio and current ratio. We do not have full information about turnover ratios so can not comment on that. Therefore, greater inventory for Firm X will result in a higher current ratio"
Determine the debt-equity ratio of XYZ Ltd
Debt outstanding = 800,000
Equity capital = 1000,000
Share reserves = 100,000
Which of the following is incorrect regarding the PMEGP scheme?
Which of the following statements are correct regarding Pledge?
1. Pledge is a modified form of a contract of bailment, as inferred from its def...
What is the theme of the third Global Hackathon organized by the Reserve Bank of India?
The difference in the standards and the actual figures are known as:
A manager is expected to solve problems and handle disturbances in the organisation. It is ____ role of a manager.
Mr. X bought a bond at 1000 at a 10% coupon rate. But he intends to sell the bond after a year to Mr. Y. Mr. Y purchased the bond at 986. At the end of ...
Under which of the following types of barriers to the effective communication can anger, frustration, pride etc. be categorized?
On-the-run government securities are the ones that are _____
The concept of Corporate Social Responsibility (CSR) is based on which of the following theory?