26 :- Current Assets of a company are Rs 5,00,000. Its Current Ratio is 2.5 : 1 and Quick Ratio is 1:1. Calculate values of Current Liabilities, Liquid Assets and Inventory.
27 :- Working Capital of a company is Rs 3,60,000; Total Debts Rs 7,80,000; Long – term Debts Rs 6,00,000; Inventories Rs 1,80,000. Calculate Liquid Ratio.
28 :- Calculate Quick Ratio from the following:
Working Capital Rs 4,00,000; Total Debts Rs 18,00,000; Non – Current Liabilities Rs 16,00,000; Inventories Rs 1,90,000; Prepaid Expenses Rs 10,000.
29 :- Quick Ratio of a company is 2:1. State, giving reasons, which of the following transactions would (i) Improve, (ii) Reduce, (iii) Not Change the Quick Ratio:
(a)Purchase of goods for cash; (b) Purchase of goods on credit; (c) Sale of goods (costing Rs 20,000) for Rs 20,000; (d) Sale of Goods (costing Rs 20,000) for Rs 22,000; (e) Cash Received from Trade Receivables.
30 :- Quick Ratio of Z Ltd is 1:1. State, with reason, which of the following transactions would (i) Increase (ii) Decrease or (iii) Not change the ratio:
(a) Included in the Trade Payables was bill payable of Rs 3,000 which was met on maturity;
(b) Debentures of Rs 50,000 were converted into equity shares.
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