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CUET Accountancy 2022 PYQs16 July Shift 2. Free, no login required.

Financial Statements

past year questions, CUET Accountancy 2022 16 July Shift 2

Ratios

past year questions, Financial Statements, CUET Accountancy 2022 16 July Shift 2

Easy

Make the right combination of the ratios that enables to find the short term liquidity

A. Return on Equity

B. Acid Test Ratio

C. Sacrificing Ratio

D. Inventory Turnover Ratio

E. Current Ratio

Choose the correct answer from the options given below:

Solution

✅ Correct Option: 1

Short term liquidity is measured by liquidity ratios. Current Ratio (E) and Acid Test/Quick Ratio (B) are the two key short-term liquidity ratios. Return on Equity (A) is profitability, Sacrificing Ratio (C) relates to partnership, and Inventory Turnover Ratio (D) is an activity/efficiency ratio. Hence B and E only.

Related questions:

2026: 31 May Shift 1

Match the LIST-I with LIST-II

LIST-ILIST-II
A.Liquidity Ratio(s)I.Measure long term financial stability
B.Solvency Ratio(s)II.Measure to analyse the earning capacity
C.Profitability Ratio(s)III.Measure ability to pay short-term obligation
D.Activity Ratio (s)IV.Measure utilisation of resources

Choose the correct answer from the options given below:

2022: 8 Aug Shift 2

Current ratio is 2.5, current liabilities Rs. 25,000, the amount of current assets will be:

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Which of the following studies the frequency of conversion of inventory of finished goods into revenue from operations.

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Aradya Ltd. had debt equity ratio of 2.5 : 1. State which of the following transaction will not effect the Debt Equity Ratio :

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CUET Accountancy Past Year Questions (Topic-Wise)