Question: Answer immediately please Answer the following [15=5] i. If Quick ratio is 3:1, Current assets are Rs. 2,80,000 /-, inventory is Rs. 40,000/ - what
![Answer immediately please Answer the following [15=5] i. If Quick ratio](https://s3.amazonaws.com/si.experts.images/answers/2024/07/66aa2e9223729_07366aa2e918d835.jpg)
Answer immediately please
Answer the following [15=5] i. If Quick ratio is 3:1, Current assets are Rs. 2,80,000 /-, inventory is Rs. 40,000/ - what is the value of current liabilities? ii. If the Debt Equity ratio is 2:1, what is the impact of purchase of fixed asset by taking long term loan? iii. If Debtors are Rs. 3,00,000/, additional bad debts Rs.5,000/- and provision for bad debts Rs. 8,000/ - what is the value of debtors considered for Debtors turnover ratio
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
