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 Posted / 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 |
Post New Answer View All Answers
how many view the tally backup erp9 after the tally backup in tally
What is a ledger?
When Iam entering sales in Tally ERP 9, It Is not reflecting in the stock, Why itt is happends like this ? I entered sales with delivery note Number, So think that is because it is not reflecting in Stocks, and when iam checking in the stocks its saying negative stock
what is the meaning of banking
Tell me how can you explain the basic accounting equation?
What is tally accounting?
How to group the companies in tally?
What is the entry to be passed on receiving the tds certificate in the books of the deductee?
Tell me how can you define departmental accounting?
Is transfer Profit / loss account to capital account important in Tally ERP 9 at the end of the financial year? And what is the benefit of transferring P/L account to Capital account ? Please I want someone to answer my question, this is my second question I posted one question 2 days ago also nobody reply to that question. Thank you.
Do is it proper fo an engineer to head a bank without a good backgroud in accounting? ?
What is an adjusting journal entry?
Mention what is bank reconciliation?
what is payment written
what is tribal area allowance means