New ! Accountancy MCQ Practise Tests



12th Standard English Medium Accountancy Subject Ratio Analysis Book Back 1 Mark Questions with Solution Part - I

12th Standard

    Reg.No. :
  •  
  •  
  •  
  •  
  •  
  •  

Accountancy

Time : 00:30:00 Hrs
Total Marks : 5

    Part I

    5 x 1 = 5
  1. To test the liquidity of a concern, which of the following ratios are useful?
    (i) Quick ratio
    (ii) Net profit ratio
    (iii) Debt-equity ratio
    (iv) Current ratio
    Select the correct answer using the codes given below:

    (a)

    (i) and (ii)

    (b)

    (i) and (iv)

    (c)

    (ii) and (iii)

    (d)

    (ii) and (iv)

  2. Proportion of share holder's funds to total assets is called

    (a)

    Proprietary ratio

    (b)

    Capital gearing ratio

    (c)

    Debt equity ratio

    (d)

    Current ratio

  3. Which one of the following is not correctly matched?

    (a)

    Liquid ratio – Proportion

    (b)

    Gross profit ratio – Percentage

    (c)

    Fixed assets turnover ratio – Percentage

    (d)

    Debt-equity ratio – Proportion

  4. Current liabilities Rs. 40,000; Current assets Rs. 1,00,000 ; Inventory Rs. 20,000. Quick ratio is

    (a)

    1:1

    (b)

    2.5:1

    (c)

    2:1

    (d)

    1:2

  5. Cost of revenue from operations Rs. 3,00,000; Inventory in the beginning of the year Rs. 60,000; Inventory at the close of the year Rs. 40,000. Inventory turnover ratio is

    (a)

    2 times

    (b)

    3 times

    (c)

    6 times

    (d)

    8 times

*****************************************

Reviews & Comments about 12th Standard English Medium Accountancy Subject Ratio Analysis Book Back 1 Mark Questions with Solution Part - I

Write your Comment