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महाराष्ट्र राज्य शिक्षण मंडळएचएससी वाणिज्य (इंग्रजी माध्यम) इयत्ता १२ वी

Current Assets: ₹ 1,00,000. Current Liabilities : ₹ 60,000. Calculate Current Ratio. - Book Keeping and Accountancy

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प्रश्न

Current Assets: ₹ 1,00,000. Current Liabilities : ₹ 60,000. Calculate Current Ratio.

बेरीज

उत्तर

Current Ratio = `"Current Assets"/"Current Liabilities"`

= `"1,00,000"/"60,000"`

= 1.67

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संबंधित प्रश्‍न

State whether following statement is true or false.
Ratio Analysis is useful for inter-firm comparison.


Give one word/term/ phrase for the following statement
A particular mathematical number showing relationship between two accounting figures.


Short Answer Question

What do you mean by Ratio Analysis?


Long Answer Question

What are liquidity ratios? Discuss the importance of current and liquid ratio.


Handa Ltd.has inventory of Rs 20,000. Total liquid assets are Rs 1,00,000 and quick ratio is 2:1. Calculate current ratio.


Gross Profit Ratio indicates the relationship of gross profit to the ___________.


Current Ratio =`""/"Current Liabilities"`


Net-Profit Ratio is equal to __________.


Give one word/term/phrase for the following statement.

The ratio measures the relationship between Gross Profit and Net Sales.


State true or false with reason.

Activity Ratios Turnover Ratios are the same.


State true or false with reason.

Current Ratio measures the liquidity of the business.


Answer in one sentence only.

Give the formula of Gross Profit Ratio?


Answer in one sentence only.

Give the formula of current ratio?


Answer in one sentence only.

State the formula of Average Stock?


A Compay had the following Current Assets and Current Liabilities

Debtors   ₹ 1,20000 Creditors  ₹ 60,000
Bills Payable  ₹ 40,000 Stock ₹ 60,000
Loose Tools  ₹ 20,000 Bank overdraft ₹ 20,000

Calculate Current Ratio.


Current Liabilities = ₹ 3,00,000

Working Capital  = ₹ 8,00,000

Inventory = ₹ 2,00,000

Calculate Quick Ratio.


Calculate the Gross Profit Ratio

Sales ₹ 2,70,000
Net purchases ₹ 1,50,000
Sales Ratio ₹ 20,000
Closing Stock ₹ 25,000
Operating Stock ₹ 45,000

Calculate Net Profit Ratio from the following

Sales ₹ 3,80,000
Cost of good sold ₹ 2,60,000
Indirect Exp ₹ 60,000

Calculate Operating Ratio

Cost of good sold ₹ 3,50,000
Operating Exp. ₹ 30,000
Sales ₹ 5,00,000
Sales Return ₹ 30,000

From the following Balance Sheet of Konal Traders prepare cash flow statement.

Liabilities 31.3.17 (₹) 31.3.18 (₹) Assets 31.3.17 (₹) 31.3.178 (₹)
Share Capital 2,00,000 2,50,000 Cash 30,000 47,000
Creditors 70,000 45,000 Debtors 1,20,000 1,15,000
Profit and Loss A/c 10,000 23,000 Stock 80,000 90,000
      Land 50,000 66,000
  2,80,000 3,18,000   2,80,000 3,18,000

Accounting ratios are an important tool of ____________.


When the concept of ratio is defined in respect to the items shown in the financial statements, it is termed as:


When ratios are calculated on the basis of accounting information, they are called:


What are the advantages of Ratio Analysis?


What are the Limitations of Ratio Analysis?


Which are the ratios that comes under Functional basis of classification?


______ ratios are calculated to determine the ability of the business to service its debt in the long run.


The debt equity ratio of M Ltd. is 2:1. State with reasons whether the following transaction will increase, decrease or not change the debt equity ratio :

  1. Obtained a loan from ICICI Bank ₹1,00,000 payable after 5 years.
  2. Purchased machinery for cash ₹1,50,000.
  3. Redeemed 9% debentures ₹1,00,000.
  4. Issued equity shares for purchase of machinery of ₹5,00,000 to the vendors.

______ratios are calculated for measuring the efficiency of operations of business based on effective utilization of resources.


  1. A company had a liquid ratio of 1.5 and current ratio of 2 and inventory turnover ratio 6 times. It had total current assets of ₹ 8,00,000. Find out annual sales if goods are sold at 25% profit on cost.
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    8% Debenture ₹ 7,50,000
    Current liabilities ₹ 2,50,000
    Non-current Assets ₹ 17,50,000
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Do you agree or disagree with the following statements:

ROCE should be less than ROI.


Calculate Gross profit ratio:
Sales = ₹ 4,32,000, Net Purchase = ₹ 2,40,000, Sales return = ₹ 32,000, Closing stock = ₹ 40,000, Opening stock = ₹ 72,000.


Calculate Net profit ratio from the following:
Sales = ₹ 6,08,000, Cost of goods sold = ₹ 4,16,000,
Indirect expenses = ₹ 96,000.


Calculate operating ratio:
Cost of goods sold= ₹ 5,60,000, Operating expenses= ₹ 48,000,
Sales = ₹ 8,00,000, Sales Return= ₹ 48,000.


Calculate gross profit ratio. Sales = ₹ 5,00,000, Sales return = ₹ 50,000 and Cost of goods sold = ₹ 2,75,000.


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