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प्रश्न
Calculate quick ratio: Total current liabilities ₹ 2,40,000; total current assets ₹ 4,50,000; Inventories ₹ 70,000; Prepaid Expenses ₹ 20,000
उत्तर
Quick Ratio = `"Quick assets"/"Current liabilities"`
Quick assets = Current Assets – Inventories & Prepaid exps.
= 4,50,000 – (70,000 + 2000)
= Rs. 3,60,000
Quick Ratio = `360000/240000 =`
Quick Ratio = 1. 5 : 1
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संबंधित प्रश्न
From the following Balance Sheet of Sundaram Ltd. Calculate proprietary ratio:
| Balance Sheet of Sundaram Ltd. as on 31.03.2019 |
|
| Particulars | Amount ₹ |
| I EQUITY AND LIABILITIES | |
| 1. Shareholders’ Fund | |
| a) Share capital | |
| (i) Equity share capital | 2,50,000 |
| (ii) Preference share capital | 1,50,000 |
| (b) Reserves and surplus | 50,000 |
| 2. Non – Current Liabilities | |
| Long term borrowings | |
| 3. Current liabilities | |
| Trade Payable | 1,50,000 |
| Total | 6,00,000 |
| II ASSETS | |
| 1. Non-Current assets | |
| (a) Fixed Assets | 4,60,000 |
| (b) Non-Current investments | 1 ,00,000 |
| 2. Current assets | |
| Cash and cash equivalents | 40,000 |
| Total | 6,00,000 |
Current ratio indicates ______.
Match List I with List II and select the correct answer using the codes given below:
| List I | List II |
| (i) Current ratio | 1. Liquidity |
| (ii) Net profit ratio | 2. Efficiency |
| (iii) Debt-equity ratio | 3. Long term solvency |
| (iv) Inventory turnover ratio | 4. Profitability |
Which one of the following is not correctly matched?
What is meant by debt-equity ratio?
How is operating profit ascertained?
From the following information calculate the capital gearing ratio:
| Balance Sheet (Extract) as on 31.03.2018 | |
| Particulars | Amount ₹ |
| I. EQUITY AND LIABILITIES | |
| 1. Shareholders Funds | |
| (a) Share capital | |
| Equity share capital | 4,00,000 |
| 5% Preference share capital | 1,00,000 |
| (b) Reserves and surplus | |
| General reserve | 2,50,000 |
| Surplus | 1,50,000 |
| 2. Non-current Liabilities | |
| Long-term borrowings (6% Debentures) | 3,00,000 |
| 3. Current liabilities | |
| Trade payables | 1,20,000 |
| provision for tax | 30,000 |
| Total | 13,50,000 |
From the following Balance Sheet of James Ltd. as on 31.03.2019 calculate:
- Debt-equity ratio
- Proprietary ratio
- Capital gearing ratio
| Balance Sheet (of James Ltd.) as on 31.03.2018 |
|
| Particulars | Amount ₹ |
| I EQUITY AND LIABILITIES | |
| 1. Shareholders Funds | |
| (a) Share capital | |
| Equity share capital | 2,50,000 |
| 6% Preference share capital | 2,00,000 |
| (b) Reserves and surplus | 1,50,000 |
| 2. Non-current Liabilities | |
| Long –term borrowings (8% Debentures) | 3,00,000 |
| 3. Current Liabilities | |
| Short -term borrowings from banks | 2,00,000 |
| Trade Payables | 1,00,000 |
| Total | 12,00,000 |
| II ASSETS | |
| 1. Non-current assets | |
| Fixed assets | 8,00,000 |
| 2. Current assets | |
| (a) Inventories | 1,20,000 |
| (b) Trade receivables | 2,65,000 |
| (c) Cash and cash equivalents | 10,000 |
| (d) Other current assets | |
| Expenses paid in advance | 5,000 |
| Total | 12,00,000 |
Calculate operating profit ratio under the following cases.
Case 1: Revenue from operations ₹ 8,00,000, Operating profit ₹ 2,00,000.
Case 2: Revenue from operations ₹ 20,00,000, Operating cost ₹ 14,00,000.
Case 3: Revenue from operations ₹ 10,00,000, Gross profit 25% on revenue from operations, Operating expenses ₹ 1,00,000.
From the following statement of profit. and loss of Dericston Ltd. Calculate
- Gross Profit ratio
- Net Profit ratio.
| Statement of Profit and Loss | |
| Particulars | ₹ |
| I. Revenue from operations | 24,00,000 |
| II. Other income: | |
| Income from investment | 70,000 |
| III. Total revenues (I+II) | 24,70,000 |
| IV. Expenses: | |
| Purchases of stock-in-trade | 18,80,000 |
| Changes in inventories | -80,000 |
| Employee benefits expense | 2,90,000 |
| Other expenses | 1,10,000 |
| Provision for tax | 30,000 |
| Total expenses | 22,30,000 |
| V. Profit for year | 2,40,000 |
