Analysis of Financial Statements-Liquidity Ratios (CBSE Class-12 Accountancy): Questions 1 - 2 of 2

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Question number: 1

» Analysis of Financial Statements » Liquidity Ratios

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Current Ratio is 2.5, working capital is Rs. 60, 000/-. Calculate the amount of Current Assets and Current Liabilities.

Question number: 2

» Analysis of Financial Statements » Liquidity Ratios

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The current ratio of a company is 2: 1. State giving reasons which of the following would improve, reduce or not change the ratio:

  1. Repayment of a Current Liability.
  2. Purchased goods on cash.
  3. Sale of office equipment for Rs. 4000/- (Book Value Rs. 5000/-).
  4. Sale of goods Rs. 11000/- (Cost Rs. 10000/-).
  5. Payment of dividend.

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