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Accountancy Tes...

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  • Question 1
    5 / -1

    Ratios are comparable even if different accounting policies and procedures are followed by different firms.

  • Question 2
    5 / -1

    Which of the following ratios measure the long-term solvency of an organisation?

  • Question 3
    5 / -1

    Which of the following is/are not the component(s) of quick assets?

  • Question 4
    5 / -1

    The Current Assets of APE Ltd. are ₹ 6,00,000; Current Liabilities are ₹ 2,00,000; Inventories are ₹ 1,50,000; Prepaid Expenses are ₹ 50,000 and Cash and Cash Equivalents are ₹ 1,00,000. What is its quick ratio?

  • Question 5
    5 / -1

    Generally, a lower current ratio is considered better.

  • Question 6
    5 / -1

    Purchase of machinery for cash will _____ the quick ratio.

  • Question 7
    5 / -1

    What is the debt to equity ratio when the following information is available Total Assets ₹ 35,00,000; Total Debts ₹ 25,00,000; Current Liabilities ₹ 8,00,000

  • Question 8
    5 / -1

    ARYA Ltd has a term Loan of ₹ 10,00,000. Interest on Loan for the year is ₹ 1,25,000 and its PBIT is ₹ 5,00,000. Its interest coverage ratio is

  • Question 9
    5 / -1

    If P Ltd obtains a Bank Loan of ₹ 30,00,000 payable after 5 years, then its proprietary ratio will

  • Question 10
    5 / -1

    Purchase returns amounting to ₹ 20,000 will deteriorate the inventory turnover ratio

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