Practice - Practice Questions
Enroll to start learning
You’ve not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take practice test.
Practice Questions
Test your understanding with targeted questions
What is the formula for the Quick Ratio?
💡 Hint: Remember, Quick Assets exclude Inventory.
Name any two types of liquidity ratios.
💡 Hint: Think of ratios focusing on short-term financial health.
4 more questions available
Interactive Quizzes
Quick quizzes to reinforce your learning
What does the Current Ratio measure?
💡 Hint: Consider what short-term obligations entail.
True or False: The Net Profit Ratio indicates how much of sales is profit.
💡 Hint: Recall how net profit is calculated.
Get performance evaluation
Challenge Problems
Push your limits with advanced challenges
A company has the following financial figures: Current Assets: ₹250,000; Inventory: ₹50,000; Current Liabilities: ₹100,000. Calculate the Current Ratio and Quick Ratio.
💡 Hint: Remember to calculate Quick Ratio by excluding inventory.
If a company has a net profit of ₹90,000 and total equity of ₹500,000, what is the Return on Equity (RoE)?
💡 Hint: Think about the percentage of net profit relative to shareholders' equity.
Get performance evaluation
Reference links
Supplementary resources to enhance your learning experience.