CUET Accountancy - X Ltd. has a Current Ration of 3.5 : 1 and Quick Ratio of 2 : 1. If excess of current assets over quick assets represented by inventories is Rs. 24,000. Calculate current liabilities. | PYQs + Solutions

CUET Accountancy 2022 20 Aug Shift 2

Financial Statements

Medium

Rs. 16,000

Rs. 56,000

Rs. 36,000

Rs. 32,000

✅ Correct Option: 1

Related questions:

16 May Shift 1

Which of the following is not a profitability ratio?

20 June Shift 2

Match List I with List II

LIST I	LIST II
A. Operating Profit Ratio	I. Solvency Ratios
B. Working Capital Turnover Ratio	II. Liquidity Ratios
C. Debt-Equity Ratio	III. Activity Ratios
D. Quick Ratio	IV. Profitability Ratios

Choose the correct answer from the options given below:

13 May Shift 2

Average Trade payables is-

CUET Accountancy 2022 20 Aug Shift 2 PYQs