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Quick ratio of a company is 2:1 state gi...

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.

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Calculate inventroy Turnover ratio from the following informaation opening inventroy Rs 40000, purchases Rs 320000, and closing inventroy Rs 120000. state, giving reason which of the followojkng transactions would (i) increase,(ii) decrease,(iii) neither increase nor decrease the inventroy turnover ratio: (a) Sale of goods for Rs 40000 (cost Rs 32000) (b) invrease in the value of closing inventroy by Rs 40000 (c ) goods purchased for Rs 80000 (d) purchases return Rs 20000 (e) goods costing Rs 10000 withdrawn for personal use (f) goods costing Rs 20000 distrubuted as free samples.

Calculate inventory tnover ratio form the following information : opening invenotry Rs 20000, purchases Rs 160000 and closing inventory Rs 60000 State giving reason which of the following transactions would(i) increase, (ii) decrease and (iii) neither increase nor decrease the inventory turnover ratio: (a) Sale of goods for Rs 20000(Cost Rs 16000) (b) Increase in the value of closing inventory by Rs 20000. (c )Goods purchased for Rs 40000 (d) Purchases return Rs 1000. (e) Goods costing Rs 5000 wiothdrawn for personal use. (f) Goods costing Rs 10000 distributed as free samples

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