This item can be treated as an item of current liability or as an item of appropriation

Related MCQs

• Liquid Liability = Current Liability – Bank Overdraft – ___________
• Current ratio is 2:5.Current liability is Rs.30000.The Net working capital is
• Which is the current liability?
• In Current Ratio, Current Assets are compared with:
• Current Assets Rs. 20,00,000; Current Liabilities Rs. 10,00,000 and Stock Rs. 2,00,000, then what is liquid ratio?
• The excess of Current Assets over Current Liabilities is called:
• Lei-Feng, Inc.'s $100 par value preferred stock just paid its $10 per share annual dividend. The preferred stock has a current market price of $96 a share. The firm's marginal tax rate (combined federal and state) is 40 percent, and the firm plans to maintain its current capital structure relationship into the future. The component cost of preferred stock to Lei-Feng, Inc. would be closest to .
• When total current assets exceeds total current liabilities it refers to.
• Debt Equity Ratio is 3:1,the amount of total assets Rs.20 lac,current ratio is 1.5:1 and owned funds Rs.3 lac.What is the amount of current asset?
• In last year the current ratio was 3:1 and quick ratio was 2:1.Presently current ratio is 3:1 but quick ratio is 1:1.This indicates comparably