current ratio? asked on 30/7/09

Answer Posted / prabhudas

current ratio=current assets/current liabilities

*current assets can include only marketable securities.
*creditors for capital WIP is to be excluded from current
liabilities.

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

About Funding Working Capital to a Company? A company Turn over is 12 Cr, but in the bank statement credits per month is more that 3 Cr? how this could happen? awaiting your views?

1556


Is it correct to covered fesibility report expenses and survey expenses in pre-operative exepenses ?

1590


What is ABC Analysis in industrial function. hw can it s maintain ?

1748


Hello to every body ... Its not its not a interview question In accounting field can we make Money ?

1461


Mostly what type of manufactures are coming under TDS and basic rate for each category

1519






income from depreciated asset is profit or loss?

1005


HOW TO CALCULATE ESI,P.F,VAT,I.TAX,EXCISE,C.S.T.REFUND CLAIM, E.T.C. IF YOU KNOW ANY OF THIS PLASE REPLY

8658


Expand-------BANT

1682


I have scooter , and its insurance expired for the past 1 yrs and i need to renew it ? how to , explain?

1581


Please define Transaction Type , Movement Type , Asset Transaction Type , Item Type & Document type. Please also give examples of each of them

2175


interest paid comes under which head

1027


How do you manage the sales account in tally

1578


INTE3RNATIONAL ACCOUNTING STD

1783


Why in a cash book receipts are debited while the same if received in our books recepits are credited. Why does cash book have a rule to debit receipts and credit payments. For example if am paying the cash that i owe the company or firm i debit in my books(cash) on the debit side and should credit in the cash book but i cant do that cash book take receipts on the debit side as per the general . please clarify many thanx in advance

2122


what is OTC derivatives and Depository Trust & Clearing Corporation (DTCC) ?

4119