Question 1 :
The aspect of financial decision making with reference to current assets or short-term assets is known as _______________.
Question 2 :
'X' Ltd. has a liquid ratio of 2:1. If its stock is Rs. 40,000 and its current liabilities are of Rs. 1 Lakh, What will be the current ratio________.
Question 3 :
To test the liquidity of a concern, which of the following ratios are useful?<br>I. Acid test ratio<br>II. Capital turnover ratio<br>III. Bad debts to sales ratio<br>IV. Inventory turnover ratio<br>Select the correct answer using the codes given.<br>
Question 4 :
Which of the following items is not taken into account when computing quick ratio?
Question 5 :
Which one of the following is correct?<br/>i) A ratio is an arithmetical relationship of one number to another number.<br/>ii) Quick ratio is also known as acid test ratio.<br/>iii) Rule of thumb for current ratio is $2:1$.<br/>iv) Debt equity ratio is the relationship between outsiders fund and shareholders fund.
Question 6 :
Given current ratio = $2.5$<br>Quick ratio = $1.5$<br>Net working capital = Rs $30,000$<br><span>What is the amount of current assets?</span><br>
Question 7 :
If debt is <span class="MathJax_Preview"></span><span class="MathJax"><span class="math"><span><span><span class="mrow"><span class="mi">R</span><span class="mi">s </span><span class="mn">220</span></span><span></span></span></span><span></span></span><span class="MJX_Assistive_MathML">Rs.220</span></span>, and equity is Rs 300 , then the gearing ratio is <u>______.</u>
Question 8 :
Calculate debt equity ratio, from the following information:<br>Total external liabilities = Rs. 5,00,000<br>Balance sheet total = Rs. 10,10,000<br>Current liabilities = Rs. 1,00,000<br>Fictitious assets = Rs. 10,000
Question 9 :
Given current ratio = $2.5$<br>Quick ratio = $1.5$<br>Net working capital = Rs $30,000$<br><span>What is the amount of quick assets?</span><br>
Question 10 :
Relationship between change in sales and the operating profit is known as ____________.
Question 11 :
The statistical yard stick that provides a measure of the relationship between two accounting figures is a <u>                     </u> .
Question 12 :
Which of the following appearing in the balance sheet, generates tax advantage and hence affects the capital structure decision?
Question 13 :
<span>Consider the following :<br/></span><span>i)Basic defensive and interval ratio<br/></span><span>ii)Current ratio<br/></span><span>iii)Superquick ratio<br/></span><span>iv)Quick ratio<br/></span>Arrange these ratios in sequence to reflect the liquidity in descending order.<span><br/></span>
Question 14 :
Given current ratio = $2.5$<br/>Quick ratio = $1.5$<br/>Net working capital = Rs $30,000$<br/>What is the amount of stock?<br/>
Question 16 :
The Revenue Profits of a Subsidiary company S Ltd. is $Rs.1,20,000$. Ratio between holding and minority is $3 : 1$. What is share of revenue profits of Holding Company H. Ltd.?
Question 18 :
<span>Which of the following is correct?<br/></span><span>i.Liquidity ratios measure long term solvency of a concern.<br/></span><span>ii.Inventory is a part of current assets.<br/></span><span>iii.Rule of thumb for acid test ratio is 1 : 1.<br/></span><span>iv.The amount of gross assets is equal to net capital employed.</span><span><br/></span>
Question 19 :
Information given is as follows:<br/>Fixed Long term Loans   Rs $3,50,000$<br/>Fixed Assets                    Rs $12,00,000$<br/>Share capital                    Rs $8,00,000$<br/>Current Liabilities           Rs $2,50,000$<br/>Current Assets                 Rs $4,00,000$<br/><br/>Solvency Ratio is <u>                     </u>.<br/>
Question 20 :
When current ratio is $2 : 1$, an equal increase in current assets and current liabilities would <u>              </u> .
