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Question 14 Chapter 7 – Unimax Publication Class 12 Part 2 – 2021
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Table of Contents
Current assets of a company are ₹ 5,00,000: Current ratio 2.5:1 and quick ratio 1:1. Calculation the value of current liabilities, liquid asset and stock.
The solution of Question 14 Chapter 7 – Unimax Publication Class 12 Part 2-2021 : –
Current Ratio = | = | Current Assets | ||
Current Liabilities |
2.5 | = | 5,00,000 | |||
1 | Current Liabilities |
C.L | = | 5,00,000 | ||
2.5 | ||||
= | ₹ 2,00,000 Ans. |
Quick Ratio | = | Quick Assets | ||
Current Liabilities |
1 | = | Quick assets | |||
1 | 2,00,000 | ||||
Q.A. | = | ₹ 2,00,000 Ans. |
Stock | = Current assets – quick assets |
= 5,00,000 – 2,00,000 | |
= ₹ 3,00,000 Ans. |
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Accounting Ratios – Meaning and Definition
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Unimax Publication – Accountancy PSEB Class 12 – Volume I – Solution
- Chapter No. 1 – Accounting Not for Profit Organisations
- Chapter No. 2 – Partnership Accounts – I (Introduction)
- Chapter No. 3 – Partnership Accounts – II (Goodwill: Nature and Valuation)
- Chapter No. 4 – Partnership Accounts – III (Change in Profit sharing ratio among Existing Partners )
- Chapter No. 5 – Partnership Accounts – IV (Admission of A Partner)
- Chapter No. 6 – Partnership Accounts – V (Retirement and Death of A Partner)
- Chapter No. 7 – Partnership Accounts – VI (Dissolution of Partnership Firm)
Unimax Publication – Accountancy PSEB (Class 12) – Part – II – Solution
- Chapter No. 1 – Company Accounts (Share Capital)
- Chapter No. 2 – Company Accounts (Issue of Debentures)
- Chapter No. 3 – Company Accounts (Redemption of Debentures)
- Chapter No. 4 – Financial Statements of a Company
- Chapter No. 5 – Financial Statement Analysis
- Chapter No. 6 – Tools of Financial Statement Analysis- Comparative and Common Size
- Chapter No. 7 – Ratio Analysis
- Chapter No. 8 – Cash Flow Statement
Check out T.S. Grewal +2 Book 2023@ Official Website of Sultan Chand Publication
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