Advertisements
Advertisements
प्रश्न
Following particulars are related to Fast Cargo Ltd.:
| ₹ | ₹ | |
| Trade Payables | 1,40,000 | |
| Trade Receivables | 2,10,000 | 2,00,000 |
| Less: Provision for Doubtful Debts | 10,000 | |
| Inventory (Excluding Loose Tools ₹ 20,000) | 1,49,000 | |
| Goodwill | 50,000 | |
| Cash and Bank balance | 36,000 | |
| Bank Overdraft | 20,000 | |
| Marketable Securities | 80,000 | |
| Outstanding Expenses | 10,000 | |
| Provision for Tax | 30,000 | |
| Prepaid Rent | 3,000 | |
| Cost of Revenue from Operations | 6,30,000 |
Gross profit 25% on Revenue from Operations.
Quick Ratio of the Company will be:
विकल्प
1.63 times
1.58 times
1.595 times
1.78 times
MCQ
Advertisements
उत्तर
1.58 times
Explanation:
Quick Assets = Trade Receivables + Cash and Bank Balance + Marketable Securities
= 2,00,000 + 36,000 + 80,000
= ₹ 3,16,000
Current Liabilities = Trade Payables + Bank Overdraft + Outstanding Expenses + Provision for Tax
= 1,40,000 + 20,000 + 10,000 + 30,000
= ₹ 2,00,000
Quick Ratio = `"Quick Assets"/"Current Liabilities"`
= `(3,16,000)/(2,00,000)`
= 1.58 times
shaalaa.com
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
