Related Questions

Current assets less inventories divided by current liabilities is known as
A Liquidity ratio
B Current ratio
C Acid-Test (or Quick) ratio
D Debts ratio
A company reports sales revenue of Tk. 200 million the current year and Tk. 180 million last year. Their total assets in the current year are Tk. 150 million and last year's total assets were Tk. 130 million . What is the current year's asset turnover ratio ?
A 1.48
B 1.33
C 1.36
D 1.43
The savings of an employee equals income minus expenditure. If their incomes ratio is 1 : 2 : 3 and their expenses ratio is 3 : 2 : 1, then what is the order of the employees A, B and C in the increasing order of the size of their savings?
A A>B>C
B A>C>B
C B>A>C
D C>B>A
During the four years that Mr. Rahim owned his car,he found that his total car expenses were Tk. 18,000. Fuel and maintenance costs accounted for 1/3 of the total cost and together these two costs accounted for 1/5 of the total cost. If the only other expenses were taxes and License fees, then the cost of financing was how more of less than the cost of taxes and license fees?
A 300 tk less
B 600
C 500
D 8525
Choose the correct option to replace the quotation part of each sentence. In an effort to reduce their inventories, Italian vintners have cut prices, their wines 'have been priced sell, and they are'
A have been priced to sell, and they are
B are priced to sell, and they have
C are priced to sell, and they do
D had been priced to sell, and they have
Sentence Correction: In an effort to reduce their inventories, Italian vintners have cut prices; their wins "have been priced to sell, and they are".
A have been priced to sell, and they are
B are priced to sell, and they have
C are priced to sell, and they do
D had been priced to sell, and they have
Choose the correct option to replace the quotation part of each sentence. Rising inventories, 'when unaccompanied correspondingly by increases in sales, can lead' to production cutbacks that would hamper economic growth.
A when unaccompanied correspondingly by increases in sales, can lead
B when not accompanied by corresponding increases in sales, possibly leads
C when they were unaccompanied by corresponding sales increases, can lead
D if not accompanied by corresponding increases in sales, can lead
In which of the following sections of a balance sheet are "Inventories" listed?
A Current assets
B Property, plant and equipment, at cost
C Current liabilities
D Shareholders' Equity
A method of inventory recording which produces high inventories in balance sheet is classified as
A First out receivable
B First in first out
C Last in first out
D last out receivable
Items of property, plant and equipment can be recognized as assets when their cost can be measured reliably and it is likely that the future economic benefits associated with the assets:
A will increase gradually
B Will flow to entity
C Will diminish with the passage oftime
D Won't be available

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