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The quick ratio of a company is 0.8:1 .s...

The quick ratio of a company is 0.8:1 .state with reason whether the following transactions will increase decrease or not change the quick ratio:
(i) Puchase of loose tools for Rs 2000(ii) insurance premium paid in advance rs 500 (iii) sale of goods
on credit Rs 3000,(iv) Honoured a bills payable of Rs 5000 on maturity.

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Gross profit ratio of a company is 25% state giving reason which of the following transaction will (a) increase or (b) decrease por , (c ) not alter the gorss profit ratio: (i) purchase of stock in trade Rs 50000 (ii) purchases return Rs 15000 (iii) cash sale fof stock in trade Rs 40000 (iv) stock in trade costing Rs 20000 withdrawn for personal use. (v) stock in trade costing Rs 150000 distributed as free sample.

The gross profit ratio of a company is 25% state giving reson which of the following transactions will (a) increase,(b) decrease,or (c ) not change the gross profit ratio: (i) Purchase of stock in trade Rs 50000 (ii) Purchases return Rs 15000. (iii) Revenue from opertions on sale of stock in trade Rs 85000 (iv) Stock in trade costing Rs 20000 with drawn for personal use. (v) Stock in tradecosting Rs 10000 distributed as free samples

Quick ratio of a company is 2:1 state giving reasons which of the following transactions would (i) improve ,(ii) reduce,(iii) not change the quick ratio: (a) purchase of goods for cash, (b) purchase of goods on credit, (c ) sale of goods (costingRs 10000) for (a) purchase of goods for cash , (b) purchase of goods on credit (c ) sle goods (costing Rs 10000) for Rs 10000(d) sale of goods (costing Rs 10000) for Rs 11000,(e )cash recelved from trade recelvables.

operating Ratio of a company is 80% state giving reason which of the following transactions will increase decrease or not alter the operating Ratio: 1.Purchases of stock in Trade Rs 7000, 2. Purchases Returen Rs 200, 3. Goods costing Rs 2000 drawn for personal use, 4. office expenses paid Rs5000, and goods costing Rs 2000 distributed as free samples , 5. payment to creditors Rs 100, 6. Building sold for Rs 500000 and 7. Income Tax paid Rs 7000.

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