Accounting - Study Mode
[#381] If current ratio is 2.5 and working capital is Rs. 90,000 then the value of current assets would be
Correct Answer
(C) Rs. 1,50,000
[#382] The Debt-Equity Ratio is a test of
Correct Answer
(B) Solvency
[#383] Break Even Point means
Correct Answer
(C) Sales × P/V ratio - Fixed cost
[#384] In partnership, which of the following account(s) is/are opened under fixed capital account method?
Correct Answer
(C) Both A and B
[#385] Given: Total Assets: Rs. 8,00,000 Current Liabilities: Rs. 2,00,000 No. of shares: Rs. 40,000 Face value per share: Rs. 10 Value per share will be:
Correct Answer
(A) Rs. 15.00