MCQ Questions for Class 12 Commerce Accountancy Accounting Ratios Quiz 13

Given current ratio =

$2.5$
Quick ratio =

$1.5$
Net working capital = Rs

$30,000$
What is the amount of stock?

0%
$Rs 20,000$
0%
$Rs 30,000$
0%
$Rs 50,000$
0%
$Rs 60,000$

Explanation

Net working capital = Current assets - Current liabilities

$Rs. 30000$ = Current assets - Current liabilities

Therefore, Current assets = Current liabilities +

$Rs. 30000$

Current ratio = Current assets/ Current liabilities

$2.5$ = [Current liabilities +

$Rs. 30000$ ] / Current liabilities

$2.5$ Current liabilities = Current liabilities +

$Rs. 30000$

Current liabilities =

$Rs. 30000/ 1.5$

Therefore, Current liabilities =

$Rs. 20000$

Now,

Current assets = Current liabilities +

$Rs. 30000$

$Rs.20000 + Rs. 30000$

$Rs. 50000$

Now, Quick Ratio = Quick Assets/ Current liabilities

$1.5$ = Quick Assets/

$20000$

Therefore,

Quick Assets =

$Rs. 30000$

Quick Ratio = Quick Assets/ Current liabilities

Quick Ratio = [Current Assets - Stock ]/ Current liabilities

$1.5$ = [

$50000$ - Stock] /

$20000$

Stock =

$50000 - 30000$

$Rs. 20000$

Given current ratio =

$2.5$
Quick ratio =

$1.5$
Net working capital = Rs

$30,000$
What is the amount of quick assets?

0%
$Rs 20,000$
0%
$Rs 30,000$
0%
$Rs 50,000$
0%
$Rs 60,000$

Explanation

Net working capital = Current assets - Current liabilities

$Rs. 30000$ = Current assets - Current liabilities

Therefore, Current assets = Current liabilities +

$Rs. 30000$

Current ratio = Current assets/ Current liabilities

$2.5$ = [Current liabilities +

$Rs. 30000$ ] / Current liabilities

$2.5$ Current liabilities = Current liabilities +

$Rs. 30000$

Current liabilities =

$Rs. 30000/ 1.5$

Therefore, Current liabilities =

$Rs. 20000$

Now,

Current assets = Current liabilities +

$Rs. 30000$

$Rs.20000 + Rs. 30000$

$Rs. 50000$

Now, Quick Ratio = Quick Assets/ Current liabilities

$1.5$ = Quick Assets/

$20000$

Therefore,

Quick Assets =

$Rs. 30000$

Falling demand for the product in the market indicated by ________________.

0%
Finished goods turnover ratio
0%
Work in progress turnover ratio
0%
Net profit ratio
0%
Gross profit ratio

Given current ratio =

$2.5$
Quick ratio =

$1.5$
Net working capital = Rs

$30,000$
What is the amount of current assets?

0%
$Rs 20,000$
0%
$Rs 30,000$
0%
$Rs 50,000$
0%
$Rs 60,000$

Explanation

Net working capital = Current assets - Current liabilities

$Rs. 30000$ = Current assets - Current liabilities

Therefore, Current assets = Current liabilities +

$Rs. 30000$

Current ratio = Current assets/ Current liabilities

$2.5$ = [Current liabilities +

$Rs. 30000$ ] / Current liabilities

$2.5$ Current liabilities = Current liabilities +

$Rs. 30000$

Current liabilities =

$Rs. 30000/ 1.5$

Therefore, Current liabilities =

$Rs. 20000$

Now,

Current assets = Current liabilities +

$Rs. 30000$

$Rs.20000 + Rs. 30000$

$Rs. 50000$ .

CBSE Questions for Class 12 Commerce Accountancy Accounting Ratios Quiz 13 - MCQExams.com

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Practice Class 12 Commerce Accountancy Quiz Questions and Answers

CBSE Questions for Class 12 Commerce Accountancy Accounting Ratios Quiz 13 - MCQExams.com

0:0:1

Practice Class 12 Commerce Accountancy Quiz Questions and Answers

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