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Long term solvency is indicated by ______. - Accounts

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Question

Long term solvency is indicated by ______.

Options

  • Current Ratio

  • Quick Ratio

  • Net Profit Ratio

  • Debt/Equity Ratio

MCQ
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Solution

Long term solvency is indicated by debt/equity ratio.

Explanation:

Solvency ratios are calculated to determine the ability of the business to serve its debt in the long run, and the Debt‑Equity Ratio (Long‑term Debts ÷ Shareholder’s Funds) is the standard measure of long‑term solvency.

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Chapter 14: Ratio Analysis - OBJECTIVE TYPE QUESTIONS [Page 14.164]

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D. K. Goel Accountancy Volume 1 and 2 [English] Class 12 ISC
Chapter 14 Ratio Analysis
OBJECTIVE TYPE QUESTIONS | Q 48. | Page 14.164
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