Question
What is the current ratio preferred by banks while
financing any working capital?Solution
Current ratio denotes the availability of liquid assets to meet short-term liabilities. Current ratio of 1.33 (100/75) means 75% of the current assets are funded through current liabilities (including bank’s working capital loans) and rest 25% is funded by the owner. A high current ratio like 1.8 or 3.00 in the options above is not desirable in most of the businesses; it can be a sign of problems in managing working capital.
- Identify x such that x% of 540 plus {1080 ÷ x of 9} × 6 gives 162
- Determine the value of ‘p’ if p = √529 + √1444
2/5 of 3/4 of 7/9 of 14400 = ?
(32.1)² + (46.8)² - (28.8)² =? + 2257.97
(36/8)2 × (912/38) ÷ (122/1586) = ?
...What value should come in the place of (?) in the following questions.
336 ÷ 6 ÷ √16 * ? = 1400 ÷ 4
If 1.123 × 3.211 = 3.122 + ______________, then the number in blank space is
3.3 Times 2/27 of 40% of 364=?
√529 + √64 + 92 = ?
(3/7) of 700 + 33(1/3)% of 339 - 69 =?
