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Mention two ratios in which one figure is from Profit and Loss Account and one from Balance Sheet.

  • Post category:Accountancy
  • Reading time:1 mins read

SOLUTION

(i) Working Capital Turnover Ratio and (ii) Trade Receivables Turnover Ratio.


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Previous PostCan Current Ratio and Quick Ratio be same at any moment?
Next PostState one transaction which results in an increase in ‘Liquid Ratio’ and no change in ‘Current Ratio’.

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