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 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 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 Ankit Ltd. issued 20,000 equity shares of 10 each at a premium of Rs. 2 per share, payable as: July 14, 2022 From the following information, calculate Total Assets to Debt Ratio: August 13, 2022 X and Y are partners in a firm. X is entitled to a salary of Rs. 10,000 per month and commission of 10% of the net profit after partners’ salaries but before charging commission. Y is entitled to a salary of Rs. 25,000 p.a. and commission of 10% of the net profit after charging all commission and partners’ salaries. Net profit before providing for partners’ salaries and commission for the year ended 31st March, 2019 was Rs. 4,20,000. Show distribution of profit. July 21, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Ankit Ltd. issued 20,000 equity shares of 10 each at a premium of Rs. 2 per share, payable as: July 14, 2022
X and Y are partners in a firm. X is entitled to a salary of Rs. 10,000 per month and commission of 10% of the net profit after partners’ salaries but before charging commission. Y is entitled to a salary of Rs. 25,000 p.a. and commission of 10% of the net profit after charging all commission and partners’ salaries. Net profit before providing for partners’ salaries and commission for the year ended 31st March, 2019 was Rs. 4,20,000. Show distribution of profit. July 21, 2022
