Question 7 Chapter 14 of Class 12 Part – 2 – 2024

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Question 7 Chapter 14 of Class 12 Part – 2 – 2024

I. Liquidity Ratios

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7. (Current Ratio/W.C. given) Current Assets ₹ 20,00,000
Inventory ₹ 8,00,000
Working Capital ₹ 13,00,000
Calculate the current ratio

The solution of Question 7 Chapter 14 of Class 12 Part – 2 – 2024: –

Calculation of Current Liabilities:-

Current Assets = ₹ 20,00,000
Working Capital = Current Assets – Current Liabilities
Current Liabilities = Current Assets – Working Capital
  = ₹ 20,00,000 – ₹ 13,00,000
Current Assets = ₹ 7,00,000

Calculation of Current Ratio :

Current Ratio = Current Assets
Current Liabilities
Current Ratio = ₹ 20,00,000
₹ 7,00,000

Current Ratio = 2.85 : 1

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Check Out the Solution of all questions of this chapter:

The solution to all questions of Chapter No. 14 – Ratio Analysis Class 12 Usha Publication – 2024 is shown as follows, click on the image of the question to get the solution.

Question 11 Chapter 14 of Class 12 Part – 2 – 2024

Question 23 Chapter 14 of Class 12 Part – 2 – 2024

Question 34 Chapter 14 of Class 12 Part – 2 – 2024

Question 46 Chapter 14 of Class 12 Part – 2 – 2024

Question 58 Chapter 14 of Class 12 Part – 2 – 2024

Question 70 Chapter 14 of Class 12 Part – 2 – 2024

Question 82 Chapter 14 of Class 12 Part – 2 – 2024

Question 94 Chapter 14 of Class 12 Part – 2 – 2024

Question 106 Chapter 14 of Class 12 Part – 2 – 2024

Question 118 Chapter 14 of Class 12 Part – 2 – 2024

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Chapter-Wise Solution of Usha Publication Accountancy – Part 2 Class 12 – Session 2024-25 as per the PSEB curriculum

Check out Solutions to all questions of the every chapter shown as under. The Solution of Accountancy – Part 2 Class 12 – Session 2024-25 is provided as per the new book published by Usha Publication.

Chapter No. 8 – Company Accounts (Share Capital)

Chapter No. 9 – Company Accounts (Issue of Debentures)

Chapter No. 10 – Company Accounts (Redemption of Debentures)

Chapter No. 11 – Financial Statements of a Company

Chapter No. 12 – Financial Statement Analysis

Chapter No. 13 – Tools of Financial Statement Analysis- Comparative and Common Size

Chapter No. 14 – Ratio Analysis

Chapter No. 15 – Cash Flow Statement

Also, Check out our Comprehensive Chapter-wise solution of Advanced Accountancy Part 2 Class 12 by Unimax Publication

Check out Part 1 of both books.

In Class 12th the accountancy has 2 books i.e. Part 1 and Part 2. The Books related to the Part 1 are shown above. but If you want to know more about Part 1, you can check it out from the following links. We have provided the links to both books i.e. Accountancy Part 1 by Usha Publication and Advanced Accountancy Part 2 by Unimax Publication.

1. Accountancy – Part 1 Class 12 – Session 2024-25 By Usha Publication

2. Advanced Accountancy Part 1 Class 12 by Unimax Publication

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