Question
Sum of the present ages of A, B, C and D is 60 years.
After 2 years ratio of their ages is 6:5:2:4. What is C’s present age?Solution
At present sum of age = 60 years After 2 years sum of age will be, => 6x + 5x + 2x + 4x = 60 + 2 × 4 => 17x = 60 + 8 => x = 4 C’s present age = 2x – 2 = 6 years
A firm’s balance sheet shows:
• Current assets: ₹400 lakh
• Current liabilities: ₹250 lakh
• Inventory: ₹100 lakh
...Refer the following summarized Balance Sheet of Roy Ltd. as on 31‐3‐2023:
Which ratio measures a company's ability to meet its short-term obligations?
If Current Assets are ₹10,00,000, Inventory is ₹4,00,000, and Current Liabilities are ₹5,00,000, the Quick Ratio is:
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A firm’s EBIT is ₹20 lakh and interest is ₹5 lakh. What is interest coverage ratio?
₹200 paid as wages for erecting a machine should be debited to:
