Practice Meaning Of Ratio (1.2) - Ratio Analysis - ICSE 12 Accounts
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Meaning of Ratio

Practice - Meaning of Ratio

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Learning

Practice Questions

Test your understanding with targeted questions

Question 1 Easy

What is the definition of a ratio?

💡 Hint: Think of it as a comparison.

Question 2 Easy

What do liquidity ratios measure?

💡 Hint: Focus on short-term debts.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What does a ratio represent in accounting?

Profit or loss
Comparison of two numbers
Evaluation of assets

💡 Hint: Think of how we use fractions.

Question 2

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

True
False

💡 Hint: Remember the category these ratios belong to.

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Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

A company has total assets of ₹1,000,000 and total liabilities of ₹600,000. Calculate the debt-equity ratio and interpret what it indicates.

💡 Hint: Remember, equity is what's left after liabilities.

Challenge 2 Hard

If a company's current assets are ₹250,000, current liabilities are ₹100,000, and inventory is ₹70,000, calculate the quick ratio.

💡 Hint: Don’t forget to subtract inventory!

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Reference links

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