Question
Calculate the Current ratio based on above information?
Refer to the following information to answer the next 4 questions (Q11 to Q14)Solution
Current Ratio = Current Assets/Current Liabilities 3,05,000 / 1,05,000 = 2.90 Â Current Assets: Stock + Debtors + Cash in hand i.e., 41,000 + 2,50,000 + 14,000 = 3,05,000 Â Current Liabilities: Trade Creditors + Bank Overdraft i.e., 80,000 + 25,000 = 1,05,000
More Financial Management Questions
- Select the number from among the given options that can replace the question mark (?) in the following series.
17, 18, 22, 31, 47, ___ - Which letter-cluster will replace the question mark (?) in the following series?
RGV, UME, ?, AYW, DEF - A series is given with one term missing. Choose the correct alternatives from the given ones that will complete the series.
57, 59, 56, 61, 54, ___ - Which letter-cluster will replace the question mark (?) in the following series?
NPQR, OORQ, PNSP, ____, RLUN - Which letter and number cluster will replace the question mark (?) to complete the given series?
LT6, KU12, IW24, FZ48, ____
