Quick ratio of a company is 1 : 1. State giving reasons (for any four)

1.	Quick ratio of a company is 1 : 1. State giving reasons (for any four), which of the following would improve, reduce or not change the ratio ? (i) Purchase of machinery for cash. (ii) Purchase of goods on credit. (iii) Sale of furniture at cost. (iv) Sale of goods at a profit. (v) Redemtption of debentures at a premium.
Answer» Quick ratio of a company is 1 : 1. State giving reasons (for any four), which of the following would improve, reduce or not change the ratio ? (i) Purchase of machinery for cash. (ii) Purchase of goods on credit. (iii) Sale of furniture at cost. (iv) Sale of goods at a profit. (v) Redemtption of debentures at a premium.

Quick ratio of a company is 1 : 1. State giving reasons (for any four), which of the following would improve, reduce or not change the ratio ? (i) Purchase of machinery for cash. (ii) Purchase of goods on credit. (iii) Sale of furniture at cost. (iv) Sale of goods at a profit. (v) Redemtption of debentures at a premium.

Answer»

Quick ratio of a company is 1 : 1. State giving reasons (for any four), which of the following would improve, reduce or not change the ratio ?

(i) Purchase of machinery for cash.
(ii) Purchase of goods on credit.
(iii) Sale of furniture at cost.
(iv) Sale of goods at a profit.
(v) Redemtption of debentures at a premium.

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