EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Earn 100

Stocks 30, investment in other firms 20, sundry debtor 40, preliminary expenses 5, cash 10, sundry creditors 20, bank overdraft balance 20. Which of the following is not correct?
(a)Current ratio = 2:1
(b)Quick ratio = 1:1
(c)Short term uses = 80
(d)Net working capital = 40

50% studentsanswered this correctly

Important Questions on Financial Statements Analysis
EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Long term uses of a firm are 40, total liabilities 120. Its current ratio is 2:1.

EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Total assets of a firm are 200 and long term sources 120. the current ratio is 2:1.

EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Stock 60, sundry debtor 50 (including debtor above 6 months 10), cash 20, security deposits 20, preliminary expenses 5, trade creditors 30, bank cash credit 30, provisions and expenses payable 10, term loan instalment payable in 12 months 10. Which of the following is not correct?

EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
As per balance sheet of a firm the current ratio works out to be 2:1 and the net working capital at Rs. 50000. What will be amount of current liabilities?

EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
A firm has a quick ratio of 1.5:1 with current liabilities at Rs. 100. Its current assets being Rs. 200, what will be the amount of stocks/inventories if there are no prepaid expenses or loans or advances in the current assets?

EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
The Current ratio of a firm remained 1.5:1 for 2 years and a quick ratio has declined to 0.75:1 in the 2nd year compared to 0.90:1 in the 1st year. It may be due to:

EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
The current ratio of a firm is 1.5:1 and its tangible net worth Rs. 5 lac. If the total liabilities of the firm are Rs. 30 lac and the debt-equity ratio at 3:1, what will be the number of current liabilities:

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
If a firm realizes its sundry debtors:
