Question

Question 1:- During the four busiest days in a month od March, the firm` cash outflows were Rs 20,000; Rs 30,000; Rs 40,000 and Rs 50,000. The Finance Manager desires sufficient cash to cover payments for 4 days during the peak periods. The safety levels is Rs: a) 1,10,000 b) 1,40,000 c) 1,20,000 d) 1,00,000 Question 2:- If the current assets and current liabilities are Rs 2,000 lakh and Rs 1,200 lakh respectively. How much amount can be borrowed on a short term basis without reducing current ratio below 1.5? a) Rs 400 lakh b) Rs 1,000 lakh c) Rs 1,200 lakh d) Rs 1,400 lak

Answer 1

Answer:

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2

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Explanation:

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