2. Questions Bank
  3. 12th Class
  4. Accountancy
  5. Accounting Ratios

12th Class Accountancy Accounting Ratios Question Bank MCQs - Accounting Ratios

  • question_answer
    Current ratio is 2 : 1 on the sale of fixed asset (book value Rs. 20,000) for Rs. 18,000, state whether the current ratio will:

    A) improve            

    B) decline

    C) not change        

    D) can't say

    Correct Answer: A

    Solution :

    [a] improve


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