Question

A company raises short term loan and uses
it to buy long term assets. Combined effect
of these two transactions will be:
O
Deterioration of both TOL TNW Ratio and
Current Ratio
Deterioration in Current Ratio, No change in
TOL/TNW
Deterioration in TOL/TNW, but no change in
Current Ratio
None of these​

Answer 1

Formed in 1946, it is a cooperative brand managed by a cooperative body, the Gujarat Co-operative Milk Marketing Federation Ltd. ... As a result, Kaira District Milk Union Limited was born in 1946 (later renamed to Amul).