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From the following information, calculate the following ratios:

i) Quick Ratio

ii) Inventory Turnover Ratio

iii) Return on Investment

Mark had a total of ten marshmallows, of which he ate three. The ratio of marshmallows remaining to total number of marshmallows is

While calculating Gross Profit ratio, closing stock is _____________.

The following is the statement of Profit and Loss of Yamuna Limited for the year ended March 31, 2017:
$$\begin{array}{ccc}\text{Particulars}& \text{Note}& \text{Amount}\\ & \text{No.}& \\ \text{I. Revenue From Opeerations (Sales)}& & \underset{–}{10,00,000}\\ \text{II. Expenses:}& & \\ \text{Purchases}& & 5,00,000\\ \text{Changes in Inventories (Opening Inventory - Closing Inventory)}& & \\ (2,50,000-2,00,000)& & 50,000\\ \text{Other Expenses}& & \underset{–}{3,00,000}\\ \text{Total Expenses}& & \underset{–}{8,50,000}\\ \text{III. Profit Before Tax (I-II)}& & 1,50,000\end{array}$$

Additional Information:
(1) Trade Receivables decrease by Rs. 30,000 during the year.
(2) Prepaid expenses increase by Rs. 5,000 during the year.
(3) Trade payables decrease by Rs. 15,000 during the year.
(4) Outstanding expenses increased by Rs. 3,000 during the year.
(5) Operating expenses included depreciation of Rs. 25,000.

Compute net cash provided by operations for the year ended March 31,2017 by the indirect method.

Differentiate between Bank Rate and Repo Rate.

A and B are partners sharing profits and losses in the ratio of 3 : 1. Their capitals at the end of the financial year 2016-17 were Rs 6,00,000 and Rs 3,00,000. During the year 2016-2017, A's drawings were Rs 80,000 and the drawings of B were Rs 40,000, which had been duly debited to partner's capital accounts. Profit before charging interest on capital for the year was Rs 80,000. The same had also been credited in their profit sharing ratio. B had brought additional capital of Rs 70,000 on October 1, 2016. Calculate interest on capital 12% p.a. for the year 2016-17.

What is discount on issue of debentures?

Current assets are those assets which get converted into cash

Shine Limited has a current ratio 4.5:1 and quick ratio 3:1; if the stock is Rs. 36,000, calculate current liabilities and current assets.

The
total cost C (x)
in Rupees associated with the production of x
units of an item is given by

Find the marginal cost
when 17 units are produced.

Current assets of a business firm should be financed through

(a) current liability only

(b) long-term liability only

(c) both types (i.e. Long and short liabilities)

In the event of applications for 20,000 shares being invited and those received are for 25,000 shares, it is decieded to allot shares in the ratio of 4:5 to all applicants. How much shares shall be allotted to a shareholder who has applied for 1000 shares.

Unrecorded assets when taken over by a partner are shown in ______________.

All external liabilities are transferred to the ___side of Realisation account.

From the following information, find cost of goods sold and net sales

$\begin{array}{cccc}\text{Opeining stock}& 3,00,000& \text{Wages}& 6,000\\ \text{Purchases}& 8,40,000& \text{Freight}& 10,800\\ \text{Closing stock}& 2,40,000& \text{Carriage inwards}& 3,000\end{array}$

The percentage of gross profit on sales is 20%

Which financial statement's structure is closest to that of the basic accounting equation?

Trade payables turnover ratio is expressed in terms of ___

How is 'Discount on Issue of Debentures' treated in the books of accounts? How will you deal with the 'Discount on issue of debentures' when the debentures are to be redeemed in instalments?

The _____________ of stationery is expensed off in the income and expenditure account.

Why was the legal adviser referred to as the opposite by others?

Mohan, Vijay and Anil are partners, the balance on their capital accounts being Rs 30,000, Rs 25,000 and Rs 20,000 respectively. In arriving at these figures, the profits for the year ended March 31, 2017 amounting to Rupees 24,000 had been credited to partners in the proportion in which they shared profits. During the tear their drawings for Mohan, Vijay and Anil were Rs 5,000, Rs 4,000 and Rs 3,000, respectively. Subsequently, the following omissions were noticed:

Record necessary corrections through journal entries.

A Ltd purchased its own debentures of the face value of Rs 2,00,000 from the open market for immediate cancellation at Rs 92. Pass the journal entries.

From the following information, prepare Comparative Statement of Profit and Loss of X Ltd :

$\begin{array}{ccc}\text{Particulars}& 31-03-2016& 31-03-2015\\ & \text{(Rs)}& \text{(Rs)}\\ & & \\ \text{Revenue from Operations}& 25,00,000& 20,00,000\\ \text{Cost of Materials Consumed}:& 21,00,000& 16,00,000\\ \text{Other Expenses}& 25\%\text{of Gross Profit}& 20\%\text{of Gross Profit}\\ \text{Income Tax}& 50\%& 50\%\end{array}$

The old man offered the speaker a lot of money.

Why did he turn down the offer?

From the following Balance Sheet of Samta Ltd., as at 31st March, 2019, prepare Cash Flow Statement:

Notes to Accounts

Synergy means interaction between two or more organizations, to produce a __________ effect greater than the sum of their separate effects.