The ideal current ratio is

Related MCQs

• The ratio of liquid asset to current liabilities
• Increase in share capital of a firm in the current year as compared to previous year should be recorded in the final cash flow statement under
• When the proposed dividend is more than 20 %, an amount equal to ‐‐‐‐‐‐‐‐‐‐‐ of the current profits must be transferred to reserve.
• Uncliamed dividend is shown on the liability side of the ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ under the heading current liabilities.
• Fixed assets and current assets are categorized as per concept of:
• The term current asset doesn’t cover
• The ratio which depicts the relationship between two items, one of which is drawn from the Balance Sheet and the other from the revenue account
• The ratio which shows the relationship b/w shareholder’s fund and total assets
• The ratio that shows the relationship between fixed asset to shareholders fund
• The ratio that includes whether investment in inventory is efficiently used or not