Practice Uses of Ratio Analysis - 1.5 | ICSE Class 12 Accounts – Chapter 5: Ratio Analysis | ICSE Class 12 Accounts
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Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

Define liquidity ratios in your own words.

💡 Hint: Think about what a company needs to pay off soon.

Question 2

Easy

Can the same ratio be used for different companies in different industries?

💡 Hint: Consider how industries can have different standards.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

Ratio analysis is primarily used to assess:

  • Customer Satisfaction
  • Financial Health
  • Market Trends

💡 Hint: Focus on what financial metrics provide insight.

Question 2

True or False: Ratio analysis disregards past financial data.

  • True
  • False

💡 Hint: Think of the data sources of ratio analysis.

Solve and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Company X reports a current ratio of 1.5. If their current liabilities amount to ₹60,000, what are their current assets?

💡 Hint: Use the formula for the Current Ratio.

Question 2

Discuss how major economic events could affect your trend analysis findings for a business.

💡 Hint: Consider external factors outside a company's control.

Challenge and get performance evaluation