15
RATIO ANALYSIS
PROBLEM No. 1: A borrowing firm submits to the Commercial
Bank, the balance sheet with following particulars:
Capital and Reserves 24 lac Term loans
16 lac
Trade Creditors
12 lac Expenses payable 8 lac
Bank cash credit
20 lac Fixed assets
24 lac
Security for Electricity 4 lac Preliminary expenses 2 lac
Stocks
30lac Bills book debts 14 lac
Cash and bank balances 6 lac Net profits
6 lac
Sales
120 lac
On the basis of above information, please work the following ratio?
1 Current ratio:
a 1.10:1
b 1.15:1 C 1.20:1
d 125.1
1.33:1
Answers
Answered by
2
a 1.10:1
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Answered by
5
Answer:
D
Explanation:
current asset = 30+6+14=50lac
current liability=12+20+8=40lac
current asset
current ratio = ---------------------
current liability
50 lac
current ratio= -----------= 1.25:1(Answer)
40 lac
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