1.Two basic measures of liquidity are:

2. Current ratio is:

 3. Current Ratio is :

4. Liquid Assets do not include:

5. Ideal Current Ratio is:

6. Working Capital is the :

7. Current assets include only those assets which are expected to be realized within……

 8. A Company’s liquid assets are Rs.5,00,000and its current liabilities are Rs.3,00,000.Thereafter, it paid Rs.1,00,000 to its trade payables. Quick ratio will be:

9. A Company’s Quick Ratio is 1.5:1; Current Liabilities are Rs.2,00,000 and Inventory is Rs.1,80,000.Current Ratio will be:

  10. Fixed Assets Rs.5,00,000; Current AssetsRs.3,00,000; Equity Share Capital Rs.4,00,000; Reserve Rs.2,00,000;Long –term debts Rs.40,000.Proprietory Ratio will be:

11. If Debt equity ratio exceeds ……………., it indicates risky financial position.

 12. Equity Share Capital Rs.20,00,000; ReservesRs.5,00,000; Debentures Rs.10,00,000; Current Liabilities Rs.8,00,000.Debt-equity ratio will be:

13.On the basis  of following data, the Debt-EquityRatio of a Company will be: Equity Share Capital Rs.5,00,000; General ReserveRs.3,20,000; Preliminary Expenses Rs.20,000; Debentures Rs.3,20,000;Preliminary Expenses Rs.20,000; Debentures Rs.3,20,000; Current LiabilitiesRs.80,000.

14. On the basis of the following information received from a firm, its Proprietory Ratio will be:

Fixed Assets Rs.3,30,000; Current Assets Rs.1,90,000;Preliminary Expenses Rs.30,000; Equity share Capital Rs.2,44,000; Preference Share capital Rs.1,70,000; Reserve Fund Rs.58,000.

15. On the basis of the following information received from a firm, its Total Assets-Debt ratio will be:

16. Opening Inventory Rs.1,00,000; Closing InventoryRs.1,50,000; Purchases Rs.6,00,000; Carriage Rs.25,000; wages Rs.2,00,000.Inventory Turnover Ratio will be:

17. Revenue from Operations Rs.2,00,000; Inventory Turnover ratio 5; Gross Profit 25%. Find out the value of Closing Inventory, if Closing Inventory is Rs.8,000 more than the Opening Inventory.

18.Total revenue from operations Rs.9,00,000; Cash revenue from operations Rs.3,00,000; Debtors Rs.1,00,000; Debtors Rs.1,00,000; B/RRs.20,000. Trade Receivables Turnover Ratio will be:

19. A firm’s credit revenue from operations isRs.3,60,000, cash revenue from operations is Rs.70,000. Cost of revenue from operations is Rs.3,61,200. Its gross profit ratio will be:

20. Revenue from Operations Rs.6,00,000; Gross Profit20%; Office Expenses Rs.30,000;Selling Expenses Rs.48,000.Calculate operating ratio.