हिंदी

______ is included in current assets while preparing balance sheet as per revised Schedule III but excluded from current assets while calculating Current Ratio. - Accountancy

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प्रश्न

______ is included in current assets while preparing balance sheet as per revised Schedule III but excluded from current assets while calculating Current Ratio.

विकल्प

  • Debtors

  • Cash and Cash Equivalent

  • Loose tools and Stores and spares

  • Prepaid Expense

MCQ
रिक्त स्थान भरें

उत्तर

Loose tools and Stores and spares is included in current assets while preparing balance sheet as per revised Schedule III but excluded from current assets while calculating Current Ratio.

shaalaa.com
Liquidity Ratios
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
2023-2024 (March) Analysis of Financial Statements

संबंधित प्रश्न

What is meant by 'Liquidity of Business'?


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Current ratio of Adaar Ltd. is 2.5:1. Accountant wants to maintain it at 2:1. Following options are available.

  1. He can repay Bills Payable
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  3. He can take short term loan

Which one of the following analysis is considered as a dynamic analysis?


Which of the following is not included in cash and cash equivalents?


Liquid assets = ______.


A decrease in Outstanding Expenses would result in:


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Particulars (₹)
Property, Plant & Equipment and Intangible Assets 20,00,000
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Long-term Loans and Advances 1,00,000
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Current Liabilities 4,00,000
Total Debt 12,00,000

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Particulars (₹)
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Working Capital 60,000
Prepaid Expenses 30,000

Calculate the Current Ratio (up-to two decimal places) of Windlas Biotech Ltd. from the following extract of its Annual Report of 2021-22.

Particulars (₹) (in millions)
Opening Inventory of consumables (raw materials) 264.79
Closing Inventory of consumables (raw materials) 389.85
Opening Inventory of finished goods and work-in-progress 149.82
Closing Inventory of finished goods and work-in-progress 197.24
Current Assets (other than inventory of consumables and of finished goods and work-in-progress) 3,229.23
Current Liabilities 936.52

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Particulars  
Current Assets ₹ 6,80,000
Current Liabilities ₹ 3,40,000
Quick Ratio 1.5 : 1
Inventory Turnover Ratio 4 times

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