Financial Management What will your outlook towards
maintenance of liquid assets to ensure that the firm has
adequate cash in hands to meet its obligation at all times?
Answer / sreeram
very good question,
First you need to check is the company having adaquate
working capital for the day to day maintenace for that make
sure the company having Current Ration 2:1
Current Ratio = Current Assets/ Current Liabilities.
If it is more specific fr liquidity tehn check with Quick
ratio/Liquid Ratio
Liquid ratio = Quick Assets/ Quick Liabilities.Idle qould be
1.33:1
Quick Assets = Current Assets - Stock
Quick Liabilities would be Current Liabilities - Bank OD.
This would be sufficient.
| Is This Answer Correct ? | 4 Yes | 0 No |
An importer import some goods @10,000 us dollar on cif basis following dollar rates avilable on the date of presentention of bill entry.(1) Rbi floor rate 46.35,(2) rate notify by CBE AND C under section 14(3)(a)(i)of custom act Rs.46.55 (3) Rate at which bank has reliased the payment from importer Rs.46.58, what will be assessable valu according to custom act?
What is the use of form D in sale tax
how to pass provision salary full and settlement(inclusive Bonus,Gratutity etc )please show me entry
what is days of grace? If possible give me replay on this no. 9885789716.
instead of clicking backup,i selected restore in tally7.2 and all my data is lost and i also forgot the comapny name,which i wanted to restore?how to recover my data?
What is Fixed Assets? How many depreciation types are there? How to apply depreciation on assets in a year?
Do you know what is a cpa?
Tell me in which account does the unpresented cheque will get recorded?
Companies formed by letters patent?
what is the meaning of deferred revenue ? give me some examples
what is the reserve & surplus ?
simple meaning of debit and credit...?