5 Questions
Which of the following is not included in the liquidity ratios?
Debt-Equity Ratio
Which of the following statements is not correct in limitations of Ratio Analysis?
While comparing ratios of past several years, it should be remembered that changes in price level may make such comparison useful.
Sales of A Ltd. during the year is Rs. 8,50,000, Gross Profit is Rs. 40,000, Closing stock is Rs. 2,10,000, and Opening stock is Rs. 1,30,000. Calculate stock turnover.
5.23 times
Find out the Proprietary Ratio from the given balances: Equity share capital: Rs. 40,00,000, General Reserve: Rs. 7,00,000, Fixed Assets: Rs. 85,00,000, Current Assets: Rs. 15,00,000, Fictitious Assets: Rs. 7,00,000.
42%
Operating ratio of a company is 80%. Its sale is Rs. 20,00,000, Sales return is Rs. 2,00,000, and Operating expenses are Rs. 1,00,000. Find out the cost of goods sold.
Rs. 13,40,000
Test your knowledge of advanced accounting and Tally with these MCQs focusing on Ratio Analysis. Evaluate your understanding of liquidity ratios and limitations of Ratio Analysis with this quiz designed for the semester 3 remedial exam.
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