What will be the current ratio of a company whose Net Working Capital is Zero? (C.B.S.E. Sample Paper. 2020) Post category:Accountancy Reading time:1 mins read SOLUTION 1: 1 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 Post‘Sale of goods Rs. 3,000 for cash will increase the Gross Profit Ratio.’ Is this statement correct? Give reason in support of your answer. (C.B.S.E. 2020. Kolkata, Lucknow) Next PostCurrent ratio of Reliance Textiles Ltd. is 1.5 at present. In future it wants to improve this ratio to 2. Suggest any two accounting transactions for improving the current ratio. You Might Also Like Capitals of kajal, Neerav and Alisha as on 31st March, 2022 amounted to Rs. 90,000, Rs. 3,30,000 and Rs. 6,60,000 respectively. Profit of Rs. 1,80,000 for the year ended 31st March, 2022 was distributed in the ratio of 4: 1: 1 after allowing interest on Capital @10% p.a. During the year, each partner withdrew Rs. 3,60,000. The Partnership Deed was silent as to profit-sharing ratio but provided for interest on capital @ 12%. Pass the necessary adjustment entry showing the working clearly. October 11, 2022 What is the meaning of Common Size Balance Sheet? October 1, 2022 What is meant by a Debenture? September 29, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.