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Liquidity Ratios (Short Term Solvency Ratios):
These Ratios calculate the capability of the firm to meet its current obligations. They point out whether the firm has enough liquid resources to meet its short term accountability. The various liquidity ratios are :-
Determine about the Sales returns and allowances Allowance results when a buyer decides to keep defective or damaged goods though at a reduction from the original price.
Which of the following transactions does not involve an exchange of value? a. Payment of a debt b. Purchase of a building on credit c. Borrowing money d. Loss from theft
Why it is important for independent auditor to be a member of a professional body?
Q. Underlying assumptions or concepts of accounting? The major underlying assumptions or concepts of accounting are (a) business entity (b) going concern (continuity) (c) money
Q. Explain about income statement? The income statement, sometimes called as an earnings statement that reports the profitability of a business organization for a stated period
The information contained in published financial statements is of specific importance to external users, as shareholders and investors. Without any information they would not be ca
Ask queshow to be an experttion #Minimum 100 words accepted#
On December 31, 2013, a company issues bonds with a par value of $600,000. The bonds mature in 10 years, and pay 6% annual interest, payable each June 30 and December 31. The bon
User accounts are the primary means of access for actual people to the system (computer), and these accounts insulate the user and the environment, preventing the users from damagi
How To figure the discount using calculator 1. Be sure that decimal selector is on 2 decimal places 2. Key in amount of the sale 3. Multiply by percent (use the percent key)
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