Question : Which of the following assets is not taken into consideration in calculating acid-test ratio?

Option 1: Bills Receivable

Option 2: Stock

Option 3: Cash

Option 4: None of these

Question : The Current Liabilities of a Company are Rs.7,00,000. Its current ratio is 3.5: 1 and its acid test ratio is 1.5: 1. The value of Current assets, Liquid assets and Inventories are

Option 1: Current assets 10,50,000. Liquid assets 6,12,500. Stock 4,37,500

Option 2: Current assets 10,50,000. Liquid assets 6,22,500, stock 4,27,500

Option 3: Current assets 6,22,500. Liquid assets Rs 10,50,000. Stock 4,27,500

Option 4: Current assets24,50,000, liquid assets 10,50,000. Stock 14,00,000

Question : The Current Liabilities of a Company are Rs.7,00,000. Its current ratio is 3.5: 1 and its acid test ratio is 1.5: 1. The value of Current assets, Liquid assets and Inventories are

Option 1: Current assets 10,50,000. Liquid assets 6,12,500. Stock 4,37,500

Option 2: Current assets 10,50,000. Liquid assets 6,22,500, stock 4,27,500

Option 3: Current assets 6,22,500. Liquid assets Rs 10,50,000. Stock 4,27,500

Option 4: Current assets24,50,000, liquid assets 10,50,000. Stock 14,00,000

Question : Which measure of liquidity often excludes the asset with the lowest liquidity?

Option 1: Current ratio, Bills receivable

Option 2: Liquidity ratio, Bills receivables

Option 3: Current ratio.Stock

Option 4: Liquid ratio and stock

Question : Which of the following will increase the current ratio?

Option 1: Cash Purchase

Option 2: Cash received from bills receivable

Option 3: Cash Purchase 

Option 4: Payment made to trade creditor 

Question : Which of the following is not covered under the current assets?

Option 1: Bank 

Option 2: Debtor

Option 3: Bills receivable

Option 4: Goodwill