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 Twitter Opens in a new window Facebook Opens in a new window Google+ 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 the nature of Interest on Debentures? September 29, 2022 P and Q are partners sharing profits in the ratio of 3 : 2. They admit R into partnership who acquires 1/5th of his share from P and 4/25th share from Q. Calculate New Profit-sharing Ratio and Sacrificing Ratio. August 1, 2022 Current Assets of a company is are Rs. 5,00,000. Its Current Ratio is 2.5 : 1 and Quick Ratio is 1: 1. Calculate value of Current Liabilities, Liquid Assets and Inventory. August 12, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.