CBSE  /  Class 12  /  Accountancy  /  Accounting Ratios

  • 1. 
    The two basic measures of liquidity are :

  • Inventory Turnover and Current Ratio
  • Current Ratio and Liquid Ratio
  • Current Ratio and Average Collection Period
  • Current Ratio and Debtors Turnover Ratio

  • 2. 
    Liquidity Ratio:

  • 3. 
    The term ‘Current Liabilities’ does not include: . (a) Sundry Creditors

  • 4. 
    The term‘Current Assets’include

  • Long-term Investment
  • Short-term Investment
  • Furniture
  • Preliminary Expenses

  • 5. 
    Liquid Ratio is also known as:

  • Current Ratio
  • Quick Ratio
  • Capital Ratio
  • None of these

  • 6. 
    To test the liquidity of a concern which of the following ratios is useful ?

  • Capital Turnover Ratio
  • Acid Test Ratio
  • Stock Turnover Ratio
  • Net Profit Ratio

  • 7. 
    Which of the following transactions will improve the current ratio ?

  • Purchase of good for cash
  • Cash received from customers
  • Payment of creditors
  • Credit purchase of goods

  • 8. 
    Debt-equity ratio is :

  • Liquidity Ratio
  • Activity Ratio
  • Solvency Ratio
  • Operating Ratio

  • 9. 
    The formula for finding out Debt-Equity Ratio is:

  • Long-term Debts/Shareholders’ Funds
  • Debentures/Equity Capital
  • Net Profit/Total Capital
  • None of these
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