Practice Current Ratio (1.4.1.1) - Ratio Analysis - ICSE 12 Accounts
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Current Ratio

Practice - Current Ratio

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Practice Questions

Test your understanding with targeted questions

Question 1 Easy

What is the formula for calculating the Current Ratio?

💡 Hint: Think about what each term means.

Question 2 Easy

What is an ideal Current Ratio?

💡 Hint: What do we compare assets to?

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What does the Current Ratio indicate?

A company's long-term debts
A company's ability to pay short-term obligations
The cash position of a company

💡 Hint: Think about what short-term obligations mean.

Question 2

True or False: A Current Ratio of 1:1 is considered financially healthy.

True
False

💡 Hint: Consider what the ideal ratio should be.

2 more questions available

Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Using provided values: Current Assets = ₹360,000, Current Liabilities = ₹180,000. Calculate the Current Ratio and discuss what it indicates about the company's liquidity.

💡 Hint: Think about how the ratio reflects financial health against liabilities.

Challenge 2 Hard

A company has a Current Ratio of 1.5 but is facing cash flow issues. Identify potential factors that could lead to this scenario.

💡 Hint: Consider why a company might not be able to convert assets to cash quickly.

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