Question
Current ratio of a firm is 1.5 and quick ration is 1.2.
If there are total inventories of Rs.6 lakh, what is the net working capital of the firm (in Rs. Lakh)?ÂSolution
Net Working Capital = Current Assets- Current Liabilities Quick Ratio= (Current Assets- Inventories) / Current Liabilities =1.2 From this - Current Assets = 1.2 x Current Liabilities + 6 Current Ratio= Current Assets/ Current Liabilities =1.5 From this - Current Assets = 1.5 x Current liabilities Therefore, 1.5 x Current liabilities = 1.2 x Current Liabilities + 5 0.3 Current Liabilities = 6 Current Liabilities = Rs.20 Lakh Current Assets = 1.5 x 20 = Rs. 30 lakh  Net Working Capital = Current Assets- Current Liabilities = 30-20 = Rs.10 lakh
To be identified as a market segment, its members must:
A bank focusing only on high-income urban clients while ignoring rural customers is practicing:
Which of the following is NOT a step in the marketing research process?
The type of demand forecasting, which is based on data from customer surveys is known as _________.
Business Correspondents (BCs) help banks to:
Which segmentation is based on lifestyle?
In Macroeconomics, ‘macro’ is taken from the word ‘makro’, which means big. To which language does ‘makro’ belong?
Quick response and efficient consumer response delivery systems are most closely related to:
Which of the following would most likely be considered a consumer good?
CPC stands for:
