Quick ratio of a company is 1.5: 1. State giving reason whether the ratio will improve, decline or not change on payment of dividend by the company. Post category:Accountancy Reading time:1 mins read SOLUTION Quick ratio will improve as both the liquid assets and current liabilities will decrease 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 PostState the impact of ‘Hills Receivable discounted dishonoured on due date’ on the liquid ratio of 0.75: 1. Also give reason in support of your answer. (C.B.S.E. 2020. Mumbai. Chennai) Next PostWhat will a higher debt-equity ratio indicate? You Might Also Like What is meant by New Profit-sharing Ratio in case of admission of a partner? October 7, 2022 Differentiate between ‘Profit & Loss Appropriation Account’ and ‘Profit & Loss Suspense Account’. (Delhi and Al 2015 C) October 8, 2022 Cash Sales Rs. 2,20,000; Credit Sales Rs. 3,00,000; Sales Return Rs. 20,000; Gross Profit Rs. 1,00,000; Operating Expenses Rs. 25,000; Non-operating incomes Rs. 30,000; Non-operating Expenses Rs. 5,000. Calculate Net Profit Ratio. August 17, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Differentiate between ‘Profit & Loss Appropriation Account’ and ‘Profit & Loss Suspense Account’. (Delhi and Al 2015 C) October 8, 2022
Cash Sales Rs. 2,20,000; Credit Sales Rs. 3,00,000; Sales Return Rs. 20,000; Gross Profit Rs. 1,00,000; Operating Expenses Rs. 25,000; Non-operating incomes Rs. 30,000; Non-operating Expenses Rs. 5,000. Calculate Net Profit Ratio. August 17, 2022