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CUET Accountancy 2022 PYQs30 Aug Shift 2. Free, no login required.

Financial Statements

past year questions, CUET Accountancy 2022 30 Aug Shift 2

Ratios

past year questions, Financial Statements, CUET Accountancy 2022 30 Aug Shift 2

Easy

What are the different types of liquidity ratios

A. Interest coverage ratio

B. Current ratio

C. Inventory turnover ratio

D. Gross profit ratio

E. Acid test ratio

Choose the correct answer from the options given below:

Solution

✅ Correct Option: 2

Liquidity ratios measure short-term solvency. They include Current Ratio (B) and Acid Test/Quick Ratio (E). Interest coverage is a solvency ratio, Inventory turnover is an activity ratio, and Gross profit is a profitability ratio.

Related questions:

2026: 20 May Shift 1

From the following details, calculate interest coverage ratio: Net Profit after tax Rs. 1,20,000; 15% Long-term debt 20,00,000; and Tax rate 40%.

2023: 20 June Shift 2

Match List I with List II

LIST ILIST II
A. Operating Profit RatioI. Solvency Ratios
B. Working Capital Turnover RatioII. Liquidity Ratios
C. Debt-Equity RatioIII. Activity Ratios
D. Quick RatioIV. Profitability Ratios

Choose the correct answer from the options given below:

2023: 29 May Shift 2

Identify the ratio which is not computed for evaluating solvency of the business.

2025: 3 June Shift 1

Match List-I with List-II

List–IList–II
(A) Profitability Ratios(I) This refers to the ratios that are calculated for measuring the efficiency of operations of a business based on effective utilization of resources.
(B) Activity Ratios(II) The ability of a business to pay the amount due to stakeholders as and when it is due.
(C) Liquidity Ratios(III) The ability to meet its contractual obligations towards stakeholders, particularly towards external stakeholders.
(D) Solvency Ratios(IV) It refers to the analysis of profits in relation to revenue from operations or funds (or assets) employed in the business.

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2025: 13 May Shift 1

Quick Assets of the firm are:

2022: 20 Aug Shift 2

Match List I with List II

List IList II
A. Liquidity RatioI. Proprietary Ratio
B. Solvency RatioII. Current Ratio
C. Activity RatioIII. Earning per Share
D. Profitability ratioIV. Current assets turnover ratio

Choose the correct answer from the options given below:

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