Class 12th Accountancy - Issue and Redemption of Debentures Case Study Questions and Answers 2022 - 2023
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Issue and Redemption of Debentures Case Study Questions With Answer Key
12th Standard CBSE
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Reg.No. :
Accountancy
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Read the following hypothetical extract of Rehan Limited and answer the given questions on the basis of the same:
YEAR 2020 2019 2018 AMOUNT (IN Rs.) (IN Rs.) (IN Rs.) Outstanding Expense 50,000 40,000 25,000 Prepaid Expense 3,00,000 2,50,000 3,50,000 Trade Payables 18,00,000 16,00,000 14,00,000 Inventory 12,00,000 10,00,000 11,00,000 Trade Receivables 11,00,000 8,00,000 10,00,000 Cash in hand 17,00,000 12,00,000 15,00,000 Revenue from operations 24,00,000 18,00,000 20,00,000 Gross Profit Ratio 12% 15% 18% 1.Current Ratio for the year 2020 will be_______________ (Choose the correct alternative)
(a) 2:1 (b) 1.8:1 (c) 2.32:1 (d) 2.4:1 2.Quick Ratio for the year 2018 will be______________(Choose the correct alternative)
(a) 1.75:1 (b) 1.8:1 (c) 0.94:1 (d) 1.25:1 3.Inventory turnover ratio for the year 2020 will be______(Choose the correct alternative)
(a) 1.62times (b) 1.82 times (c) 1.55time (d) 1.92 times 4.Cost of Revenue from Operations for the year 2020 would be ________(Choose the correct alternative)
(a) Rs.21,12,000 (b) Rs.21,13,000 (c) Rs.21,15,000 (d) Rs.21,17,000 (a)
Case Study
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Answers
Issue and Redemption of Debentures Case Study Questions With Answer Key Answer Keys
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1. (c) 2.32:1 2
2. (b) 1.75:1 3
3. (d) 1.92 times 4
4. (a) Rs.21,12,000
Case Study
