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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. Issue of Debentures at Premium to Vendors - Accountancy

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Question

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.

Issue of Debentures at Premium to Vendors

Give Reasons
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Solution

No change

Reason:

No change as no impact on Quick Assets and Current Liabilities.

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