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What is current ratio?
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Answer / nikhilesh yadav
current ratio=current assets/current liabilities
| Is This Answer Correct ? | 18 Yes | 1 No |
Answer / srinivas sudagoni
Current Ratio is also called as Working capital ratio. It the mathematical relationship between current assets and Current liabilities. The formula can be written as
Current ratio= Current Assets/Current liabilities
the ideal ratio is 2:1.
| Is This Answer Correct ? | 8 Yes | 0 No |
Answer / vivek mohan nair
yes the above formaula for current ratio is correct. But
the question is what is current ratio?
ans:A liquidity ratio that measures a company's ability to
pay short-term obligations.
The Current Ratio formula is:Current assets/ current
liablities
Also known as "liquidity ratio", "cash asset ratio"
and "cash ratio".
| Is This Answer Correct ? | 5 Yes | 0 No |
amount drawn from propritors s b a/c Rs : 10000/-, intridused in propritors current A/c same amount, and same Rs :10000/- withdrawn by the propritors. please pass the entries for this transaction in double entry system.
Calculate the missing figures for company A. A Sales (TSR) (a) Total Variable Costs (TVC) (b) Total Fixed Costs (TFC) $24,000.00 Profit $0.00 Units Sold 1,000.00 Contribution Margin Per Unit (CMU) (c) Contribution Margin Ratio (CMR) (d) Break-Even Point (BEP) (Units) (e) Break-Even Point (BEP) (Dollars) $60,000.00
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