current ratio? asked on 30/7/09

Answer Posted / durga naidu

Current ratio means this ratio measures the solvency of the
company in the short term.

Current Asset,loans & Advances
______________________________________
Current liabilities & provision

A high current ratio may be due to the piling up of
inventory,ineffciency of collection of debtors,high
balances in cash and bank a/c without proper investment
etc.

Is This Answer Correct ?    3 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Hi Iam Arun D. I m short listed for Karnatka bank interview. Can anybody share ur experiences regarding Bank interview of karnatka bank which was held on dec for Officer's post. Please help me I f u can. thanx in advance

1544


KINDLY PROVIDE ME RBI OFFICER SCALE B QUESTION PAPER (PREVIOUS)

1538


is it possible that on dealer of work contract can opt composition and non-composition both scheme in dvat?

1579


What is Analysing

1670


fridge was capital or revenue?

1779






What is a bad credit score?

1606


What is revaluation of Accounts, how does it is accounted in business

1483


Explain why retained earnings have an opportunity cost associated?

2933


why are you selecting for the profitbulity analysis costing based& active based

1624


DEfine SAP

1643


please give me a last 10 years sbi clerk question and answer paper

1520


Provision of Bad Debts is made in compliance with the convention of -----------

1441


What is the base for issuing of C-form date of sale or date of purchase since goods sent by one quarter ended may reach in next quarter.

2026


what are responsibilities of an accountant in a company?

1599


Short Answer on _____________Accident Insurance

1337