WebAnswer: The current ratio compares all of a company’s current assets to its current liabilities. These are usually defined as assets that are cash or will be turned into cash in a year or less, and liabilities that will be paid in a year or less. The current ratio helps investors understand mor... WebCurrent assets are also known as: (a) Cash (b) Assets (c) Invested capital (d) Working …
Current assets are also known as - Examveda
WebMar 28, 2024 · Select the best alternate and check your answer with the answers given at the end of the book. (A) Liquidity Ratios. 1. Two basic measures of liquidity are : (A) Inventory turnover and Current ratio. (B) Current ratio and Quick ratio. (C) Gross Profit ratio and Operating ratio. (D) Current ratio and Average Collection period. WebJul 7, 2015 · The term current asset doesn’t cover. 4. P&L statement is also known as. 5. Which of the following is true about financial statements? A) Financial statement gives a summary of accounts. B) Financial statements can be stated as recorded facts. 6. The statement of financial position and the balance sheet are synonyms. the chica show chica rocks
MCQs for Accountancy Class 12 with Answers Chapter 4 …
WebThey are the mcq of working capital the major current assets are cash and marketable … WebA Company’s Quick Ratio is 1.5 : 1; Current Liabilities are ₹2,00,000 and Inventory is … the chica show closing the shop mr c