What is current ratio?
Answers were Sorted based on User's Feedback
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 |
how will be the entry of outstanding salaries in receipt & payment account, income & expenditure & balance sheet
what is the job profile for Account Manager.
At the time of advance tds deducted 2% contract which was wrong but when we adjusting the adavace tds deducting 10% rent how can we adjusting that amount
what is ccr rate
Why some asset accounts have a credit balance?
This is a new company & Cst Purchase occured.If I send C Form to Sundry Creditors Then What is the Procedure to collect C Form from sales tax department.
Why is Income statement prepared?
What is a accounts? and why have u prepare Accounts only one methods ?have a possible a different pattern?
how to account branches in tally
What is the difference between provision and reverse?
Explain compound journal entry.
what is budgeting and steps required to configure this.
1 Answers Meru Cabs, Virtual Studio,