Question
Which of the following is not correct about various
financial ratios? i. Debt to equity ratio is a balance sheet ratio ii. Inventory turnover ratio is an income statement ratio iii. Working capital turnover ratio is a composite ratioSolution
Income statement/profit and loss ratios are those ratios that are calculated by using the items of income statement/profit and loss account of a particular period only. Eg. Net profit ratio, gross profit ratio, operating ratio, etc. Balance sheet ratios are calculated by using data from the balance sheet only. Eg. current ratio, liquid ratio, and debt to equity ratio etc. Composite ratios are calculated by using the items of both income statement and balance sheet for the same period. Eg. inventory turnover ratio, receivables turnover ratio, accounts payable turnover ratio, and working capital turnover ratio etc.
India First Aqua Park will be set Up in which state or UT?
The Government of India has added _____ number of new Ramsar Sites as declared by the Union Minister of Environment, Forest and Climate Change, Bhupende...
The Reserve Bank of India imposed a penalty of _____ Lakh on the KEB Hana Bank of Korea.
What does the Annual Survey of Industries (ASI) primarily offer insights into?
When is World Rose day observed annually?
Who is elected as the new Prime Minister of Nepal?
Which state share the maximum border with Uttar Pradesh?
Ambuja Cement and ACC Ltd, 26% stake was acquired by which company recently?
What is the name of the new online platform launched by RBI for managing regulatory applications and approvals?
Central Drug Research Institute is situated in which district of Uttar Pradesh?
Relevant for Exams:
