Question : The Current Ratio of a Company is 2:1. Redemption of Debentures would

Option 1: Increase current Ratio

Option 2: Decrease Current ratio

Option 3: Have no effect on current ratio

Option 4: Decrease gross profit ratio

Question : The Current Ratio of the company is 2:1. The Sale of Office Equipment for Rs. 4,000 (Book Value Rs.5,000) would

Option 1: Increase current Ratio

Option 2: Decrease Current ratio

Option 3: Have no effect on current ratio

Option 4: Decrease gross profit ratio

Question : The Current Ratio of the company is 2:1. The Sale of Office Equipment for Rs. 4,000 (Book Value Rs.5,000) would

Option 1: Increase current Ratio

Option 2: Decrease Current ratio

Option 3: Have no effect on current ratio

Option 4: Decrease gross profit ratio

Question : If the current ratio were 2:1, how the purchase of goods on credit will affect the current ratio?

Option 1: Decrease gross profit ratio

Option 2: Have no effect on the Current ratio

Option 3: Increase Current ratio

Option 4: Decrease the Current ratio

Question : The Current Ratio of a Company is 2: 1. What will be the effect on the current Ratio if purchased goods on credit

Option 1: Increase

Option 2: Decrease

Option 3: No change

Option 4: Decrease gross profit ratio