Practice Accounting Ratios (3.5.3) - Financial Statement Analysis – ICSE Class 12
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Accounting Ratios

Practice - Accounting Ratios

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Practice Questions

Test your understanding with targeted questions

Question 1 Easy

What does the current ratio indicate?

💡 Hint: Think about what current assets vs. current liabilities means.

Question 2 Easy

Provide an example of a profitability ratio.

💡 Hint: Recall ratios that deal with profit and revenue.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What is the ideal Current Ratio?

1:1
2:1
3:1

💡 Hint: Think about balance in financial health.

Question 2

True or False: Profitability ratios assess a company's ability to cover its short-term liabilities.

True
False

💡 Hint: Recall the purpose of profitability versus liquidity ratios.

1 more question available

Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Given a company with current assets of ₹500,000 and current liabilities of ₹200,000, calculate the current ratio and interpret the result in terms of financial stability.

💡 Hint: Use the formula and think about what the number indicates.

Challenge 2 Hard

A business shows a decline in its net profit ratio from 30% to 20% over two years. Discuss potential implications regarding its operational efficiency or market position.

💡 Hint: Consider external market factors and internal operational changes.

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