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Statement Analy...

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  • Question 1
    1 / -0

    Accounting information is dependent on the __________________.

  • Question 2
    1 / -0

    Current liabilities of a company were Rs. 1,75,000 and its current ratio was 2: 1. It paid Rs. 30,000 to a creditor. Calculate current ratio after payment :

  • Question 3
    1 / -0

    Revenue from operations (Net Sales) Rs 4,50,000; Cost of good sold Rs 3,60,000: Operating expenses Rs 22,500. What will be Operating Profit Ratio?

  • Question 4
    1 / -0

    Credit Revenue from Operations, i.e.,
    Net credit sales for the year - 1,20,000
    Debtors - 12,000
    Bills Receivable - 8,000
    Calculate Trade Receivable or Debtors' Turnover Ratio.

  • Question 5
    1 / -0

    Collection of sundry debtors would _______________.

  • Question 6
    1 / -0

    Consider the following statements :
    A low inventory turnover may be the result of
    1. Obsolescence of some of the stock
    2. Slow moving inventory
    3. Frequent stock-outs
    4. Fast-moving inventory
    Which of the above statement(s) is/are correct?

  • Question 7
    1 / -0

    From the following data, calculate Inventory Turnover Ratio:
    Total Sales Rs. 5,00,000; Sales Return Rs. 50,000; 
    Gross Profit Rs. 90,000; Closing Inventory Rs. 1,00,000; Excess of Closing Inventory over opening inventory Rs. 20,000.

  • Question 8
    1 / -0

    The stock turnover ratio is a/an _______ ratio.

  • Question 9
    1 / -0

    Payment ratio means the ratio of ___________ .

  • Question 10
    1 / -0

    A Piece Rate System written by ___________.

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