Question: 1. 2. 3. Total asset = 10,00,000; Non-current asset = 6,00,000; Shareholders fund = 4,00,000; Reserve & surplus = 1,00,000; Non-current liability = 3,00,000 Current

Total asset = 10,00,000; Non-current asset = 6,00,000; Shareholders fund = 4,00,000; Reserve & surplus =

Total purchase during the year 12,00,000; cash purchase is 25% of Credit purchase. Opening creditors

3. Revenue from Operations (Sales) 8,00,000; G.P. 25% on Cost; Office Exp. 25,000; Selling Exp. 15,000; Loss on

Total asset = 10,00,000; Non-current asset = 6,00,000; Shareholders fund = 4,00,000; Reserve & surplus = 1,00,000; Non-current liability = 3,00,000 Current Ratio will be: a) 1:2 c) 4:3 b) 2:1 d) 3:4

Step by Step Solution

★★★★★

3.32 Rating (158 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

The detailed answer for the above question is provided below 1 Current Ratio Current Assets Total As... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

31 The number of protons, electrons and neutrons in aluminium ion Al+ is Protons A. 27 B. 13 C. ABCD 32 32. D. 13 10 Electron 27 neutrons 14 14 14 10 14 17 14 The formula of the compound formed...

A 500g steel can is at a temperature of 80 o C. The steel can is thrown into the lake, which has a temperature of 20 o C. After the steel can is finished transferring energy into the lake, how much...

2. If the wavelength of the first harmonic is 5.0 m for a pipe open at one end and closed at the other and the temperature of the air is -15 C, answer the following: 50 pts What is the speed of...

The income statement and balance sheet are the basic reports that a firm constructs for use by management and for distribution to stockholders, regulatory bodies, and the general public. They are the...

N Netflix X D2L Homepage - 2 X Question 1 - N X M (no subject) - x X pDE Management x Chapter13.pdf X Course Hero x Q Paul Sabin org X *[Solved] Paul s x + X -> C...

Hello you helped me out on my last problems and your help was spot on and greatly appreciated. I have three more for you. Thanks again. E2-5 Determining Financial Statement Effects of Several...

i am taking Cooperate finance which is FIN222 can help me to answer.. ? Tutorial 1 Topic 1 Chapter 1 4. What are the main advantages and disadvantages of organising a firm as a corporation? 6. You...

CASE STUDY Gelato's (Pty) Ltd is a market leader in the ice cream industry. They produce and sell various ice cream flavours and ice cream accessories, such as various types of ice cream cones,...

complete excel spreadsheet using data in case study 4 A 8 c D E F G Calculations Lifetime Value Tuscan Lifestyles: Initial order $50 1 2 3 4 5 6 7 Timeo Year 1 Year 2 Year 3 Year 4 Year 5 2.30%...

At the start of round 2 she was at -300 points. During round 2 she answered twelve 50 point questions correct and she answered four 50 points questions incorrect. What was her score at the end of the...

Compare and contrast Self-Determination Theory, Achievement Motivation Theory, and Attribution Theory. You should focus on the underlying purpose(s) and parts of each theory.

Can you answer this +600 pts Due: M /2000 Resources Al Tutor Submit Answer ide V Question 8 of 20 > Classify each example as an element, a compound, a heterogeneous mixture, or a homogeneous mixture....

2: Command line, Functions and Recursion Write a C program that takes a command line argument of a number that you need to calculate the factorial value of. The program must use a recursive function...

A gasoline line is connected to a pressure gage through a double U manometer, as shown in the figure. 1- If the reading of the pressure is 370OKPA, determine the gage pressure of the gasoline line....

$1,500 in meal and entertainment expenses show as a permanent difference for tax. Prepare the necessary adjusting entry. The company uses straight line depreciation for book and MACRS depreciation...

Suppose, you are trying to pass a test for your driving license and once you pass, you dont take the test again. The probability that itd take you at most 6 attempts to pass the test for once is...

William Michael Jones, a 17-year-old minor, signed a contract with free Flight Sport Aviation, Inc. (Free Flight), for the use of recreational sky-diving facilities. A covenant not to sue and an...

Identify the test statistic. tequals negative 1.54 (Round to two decimal places as needed.) Part 3 Identify the P-value. P-valueequals . 065 (Round to three decimal places as needed.) Part 4 What is...

X has closing stock which cost 38,750. This includes some damaged items which cost 3,660. It will cost X 450 to repair these. He will be able to sell them for 1,500 after the repairs are...

On April 1, 2017, the directors of ABC Ltd issued 1,00,000 equity shares of 10 each at 12 per share payable at 5 on application, 4 on allotment including premium and the balance on July 1, 2017....

The following are the summarised Balance Sheets of X Ltd. and Y Ltd. I. EQUITY AND LIABILITIES (1) Shareholders' Funds: Balance Sheets of X Ltd. and Y Ltd. as at ... Note No. (a) Share Capital Equity...

The proportion of adult women in the United States is approximately 51%. A marketing survey telephones 400 people at random. a) What proportion of the sample of 400 would you expect to be women? b)...

Based on past experience, a bank believes that 7% of the people who receive loans will not make payments on time. The bank has recently approved 200 loans. a) What are the mean and standard deviation...

In a really large bag of M&M's, the students in Exercise 20 found 500 candies, and 12% of them were green. Is this an unusually large proportion of green M&M's? Explain.