What will be the impact of ‘Cash paid to Trade Payables’ on a Current ratio of 8: 1? State with reason. Post category:Accountancy Reading time:1 mins read SOLUTION Current ratio Will decrease because both Current assets and Current liabilities are decreased by the same amount. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostWhat will be the impact of ‘Cash Paid to Trade Payables’ on a Current ratio of 1: 1? State the reason. Next PostWhat will be the impact of ‘Cash collected from trade receivables’ on a Current ratio of 2: 1? State with reason. You Might Also Like What will be impact of ‘purchase of a fixed asset on a credit of 3 months’ on a debt equity ratio of 1: 1? October 3, 2022 Trade Payables turnover ratio of a Company is 5 times. What will be the impact of ‘Credit purchase’ of Rs. 50,000 on this ratio? State with reason. October 3, 2022 How does the factor ‘Location’ affect the goodwill of a firm? September 26, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
What will be impact of ‘purchase of a fixed asset on a credit of 3 months’ on a debt equity ratio of 1: 1? October 3, 2022
Trade Payables turnover ratio of a Company is 5 times. What will be the impact of ‘Credit purchase’ of Rs. 50,000 on this ratio? State with reason. October 3, 2022