Multiple Choice Questions (Give Explanation or calculation, wherever applicable) Marks- (5 x 2) 1) Current ratio is also called a) Solvency Ratio b) Quick Ratio c) Working Capital Ratios d) All of the above 2) Current ratio is 2.5:1 and current liabilities are $105,000. The current assets are: a) $226500 b) $262500 c) $250000 d) $262000 3) The equity Capital of XYZ Co. is $250,000, reserves & Surplus is $700,000, Current assets are 302,000, fixed assets are 705,000 and Copyrights are 300,000. The proprietary ratio is- a) 0.94 b) 0.80 c) 0.49 d) None of the above