Question

What is Accounting Ratio Solutions.

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Answer 1

Explanation:

Accounting Ratios Exercise 4.92 Decrease in Cash by Rs. 30,000 and therefore Current Assets will decrease to Rs. 3,20,000. Decrease in Creditors by Rs. ... The business is interested to maintain its Current Ratio at 2:1 by purchasing goods on credit.

Answer 2

Explanation:

Accounting ratio is the comparison of two or more financial data which are used for analyzing the financial statements of companies. It is an effective tool used by the shareholders, creditors and all kinds of stakeholders to understand the profitability, strength and financial status of companies.

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