51. Given,
Current Assets
Rs. 4,00,000
Current Liabilities
Rs. 1,60,000
Reserves & Surplus
Rs. 1,60,000
Proprietary Ratio (Fixed Assets/Proprietary Funds)
0.75
Fixed Assets will be
Current Assets | Rs. 4,00,000 |
Current Liabilities | Rs. 1,60,000 |
Reserves & Surplus | Rs. 1,60,000 |
Proprietary Ratio (Fixed Assets/Proprietary Funds) | 0.75 |
Fixed Assets will be
52. Consider the following information:
Share capital
Rs. 2,00,000
Long term debts
Rs. 1,00,000
Current liabilites
Rs. 40,000
Fixed assets
Rs. 1,80,000
Current assets
Rs. 1,60,000
The Solvency ratio of the business is
Share capital | Rs. 2,00,000 |
Long term debts | Rs. 1,00,000 |
Current liabilites | Rs. 40,000 |
Fixed assets | Rs. 1,80,000 |
Current assets | Rs. 1,60,000 |
The Solvency ratio of the business is
53. While preparing accounting records 'Window Dressing' is prohibited due to:
54. Match the following:
List-I
List-II
a. . . . . . . . . is difference between old ratio and new ratio.
1. Dissolution
b. Dissolution of partnership all the partners of firm is called . . . . . . . . of firm
2. Admitted
c. A minor can be . . . . . . . . to the benefits.
3. Duties
d. Every partner is bound to attend diligently to his . . . . . . . .
4. Sacrificing ratio
List-I | List-II |
a. . . . . . . . . is difference between old ratio and new ratio. | 1. Dissolution |
b. Dissolution of partnership all the partners of firm is called . . . . . . . . of firm | 2. Admitted |
c. A minor can be . . . . . . . . to the benefits. | 3. Duties |
d. Every partner is bound to attend diligently to his . . . . . . . . | 4. Sacrificing ratio |
55. Which of the following is not a current asset?
56. Capital Redemption Reserve Account is available for
57. Which one of the following statements about the admission of a new partner to a firm is true:
58. Amount set aside to meet losses due to bad debts is a
59. When fixed cost is Rs. 7,000, profit is Rs. 3,000 and sales is Rs. 50,000 the profit volume ratio will be
60. Ledger is a books of
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