Practice Short Answer Questions (1.8.2) - Ratio Analysis - ICSE 12 Accounts
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Short Answer Questions

Practice - Short Answer Questions

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Practice Questions

Test your understanding with targeted questions

Question 1 Easy

What is the current ratio formula?

💡 Hint: Think about measuring short-term financial health.

Question 2 Easy

State one example of a profitability ratio.

💡 Hint: Related to a company's sales and profits.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What does a high liquidity ratio indicate?

Higher debt
Better short-term financial health
Poor management

💡 Hint: Consider which option relates to financial obligations.

Question 2

Is the Quick Ratio the same as Current Ratio?

True
False

💡 Hint: Think about the differences in their calculations.

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Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

A company has current assets of ₹2,00,000, inventory of ₹50,000, and current liabilities of ₹1,00,000. Calculate both the Current Ratio and Quick Ratio. Discuss the implications of your results.

💡 Hint: Use the formulas carefully to derive the two ratios.

Challenge 2 Hard

Assess a hypothetical company with a Debt-Equity Ratio of 2:1. If equity is ₹1,00,000, calculate the total debt. Interpret the financial risks involved with high leverage.

💡 Hint: Remember the relationship of debt to equity in the ratio.

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