If Revenue from Operations is ? 1,60,000 and Gross Profit is 40,000, Gross Profit Ratio will be

• 20%

• 25%

• 30%

• 40%

From the following, which ratio is not a part of Profitability Ratio:

• Proprietary Ratio

• gross profit ratio

• operating ratio

• net profit ratio

What does COGS stand for?

• cost of goals scored
• cost of goods stocked
• cost of goods sold
• cost of goods solvent

Which of the following transaction will result in an increase in current ratio:

• Goods costing $1000 sold on credit for $900

• Goods costing $1000 sold on cash for $900

• Goods costing $1000 sold in cash for $1100

• None of these

If working capital of a company is nil, what will be the current ratio?

• 1:1

• 0:1

• 1:0

• 2:1

Liquid Assets= ?

• CA- Prepaid expenses

• CA- Inventory- Prepaid expenses

• CA + Inventory- Prepaid expenses

• CA- Inventory + Prepaid expenses

If COGS is $4,50,000

G.P. is 25% on sales

What will be the sales?

• $5,00,000

• $8,00,000

• $3,00,000

• $6,00,000

If current ratio is 3:1, liquid ratio is 2:1 stock is $50,000 . What will be the value of current assets ?

• $200,000

• Incomplete information

• $50,000

• $150,000

Identify the wrong statement

• Capital employed= Share holder fund+ Long term Debt- Non trade investment

• Share holder fund= Share capital + reserve & Surplus- Fictitious assets

• Quick assets is also Known as liquid assets

• Net worth is the other name of Capital Employed

Name the difference between Capital Employed and Non-current Liabilities

• share holders funds

• non current liabilities

• total debts

• total assets