हिंदी

Quick Ratio of Roxy Traders is 0.8 : 1. State with reasons whether the following transaction will increase, decrease or will have no change on the ratio. Outstanding Expenses paid - Accountancy

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प्रश्न

Quick Ratio of Roxy Traders is 0.8 : 1. State with reasons whether the following transaction will increase, decrease or will have no change on the ratio.

Outstanding Expenses paid

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उत्तर

Ratio will decrease

Reason:

Both Quick Assets (Cash) and Current Liabilities (Outstanding Expenses) will decrease.

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2025-2026 (March) Board Sample Paper - Analysis of Financial Statements
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