what is current ratio formula

Answer Posted / sridhar.g

CURRENT RATIO = CURRENT ASSETS / CURRENT LIABILITIES.

Is This Answer Correct ?    18 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is cotangent Account?

1672


goods worth rupees 440 distributes free among the poor?

1679


what is the entry to be made for vat when any purchase is made in that bill vat amount is included ?

3591


capital goods purchased from Singapore. payment made by bank in rupees. but the invoice value is in USD, How to make purchase entry in tally?

1183


How can I put Bank Guarantee Receipt entry in Tally ERP9?

3455






is goods in transit will be liable for entry tax ?

1350


Explain the term account payable?

702


Explain what is ledger?

734


can any body tell me the procedure to learn accountancy with easy tips.i.e., layman accounting policy and rules of debit and credit.

1771


The Tabula Manufacturing Company has been in business for one month. At the end of month the company had the following accounts: Materials used K 5 000.00 Direct labour 10 000.00 Indirect labour 3 000.00 Indirect materials 2 000.00 Labour fringe benefits 1 000.00 Supervisor’s salary 1 000.00 Depreciation Machinery 2 000.00 Miscellaneous factory overhead 1 000.00 Heat and light 500.00 Insurance on plant 1 500.00 The company processed two jobs during the month with costs as follows: Job 101 Job 102 Materials cost K3 000.00 K2 000.00 Direct labour cost K6 000.00 K4 000.00 Direct labour hours 4 000.00 3 000.00 Machine hours 2 000.00 1 000.00 The company does not use a predetermined rate for factory overhead. The rate is computed at the end of each month. Required Use both the direct labour hours and machine hours to compute: 1) The overhead rates for the month (5 pts) 2) The overhead cost for each job (5pts) 3) The total cost for each job (10 pts) 4) Briefly describe the difference between Job order and process costing, citing relevant examples (5 pts).

1785


How to calculate Term Loan interest and the double entry for Term Loan ? What difference between hire purchase and term loan ??

4985


Under Accrual Accounting, How Are Worker Comp Premiums Handled?

757


Dillution effect on EPS

2028


I purchase a material with vat@4% and want to sale it to a bihar cliet.what will be charged as cst.Narrate me as brakewise.It is very urgent to mine.

1508


Hai i have completed MBA in HR(major) And Marketing (minor). Now applying FInance if it possible please tell me

1333