Question

A Limited provides for the following information : ₹ 86,000 20,000 18,000 Closing Stock Creditors Cash Bills Receivable Sales Fixed Assets Bank Overdraft 1,20,000 42,000 34,000 Calculate: (a) Current Ratio, (b) Quick Ratio, (c) Inventory Turnover Ratio, (d) Fixed Assets Turnover Ratio. [Ans. (a) 1.6: 1, (b) 0.767: 1, (c) 6 Times, (d) 5 Times.]​ (solve this question with solution)

Answer 1

Answer:

b) 0.767:1

Explanation:

Answer 2

Answer:

(a)1.6:1

(b) 0.833:1

(d) 5times