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Salary paid in advance is a prepaid expense. Its impact on current assets will be that cash will go down and Prepaid Assets will go up, therefore not effecting the total Current Assets. As such, the current ratio will not be impacted as no change in current assets due to this transaction. Debt Equity will also not be impacted as it does not take into account the current assets. Quick ratio, takes into account current assets less any inventory or prepaid assets. As such, the quick ratio will be impacted by this transaction.
The ratio of the speed of the stream to the speed of the boat in still water is 3:7. If a distance of 280 km is covered downstream in 4 hours, determine...
If 50 less had applied and 25 less selected, the ratio of selected to unselected would have been 9 : 4. So how many candidates had applied if the ratio ...
Three positive numbers are in the 5:6: 7 ratio and the sum of their squares is 13,310. Find the sum of the three numbers
The number of students in class IX and class X is 42 and 45, respectively. The ratio of the number of boys to girls in classes is IX and X is 9: 5 and 8...
The incomes of A and B are in the ratio of 3:2 and their expenditures are Rs. 14,000 and Rs. 10,000 respectively. If A saves Rs. 7000, then B's savings ...
A certain amount was divided among four people P, Q, R and S such that the amount obtained by S is 12.5% more than the amount obtained by Q. The amount ...
28 percent of a number and 40 percent of another number are in the ratio 7: 8. What is the ratio of 50 percent of the first number to 75 percent of the ...
How should the total amount be divided among individuals Mohit, Neeti, Ojesh, and Puneet in the respective proportions of 4:5:7:6, if Ojesh receives Rs....
The ratio of A's income to savings is 25:9, and B's expenditure is 60% of A's total income. If B's expenditure exceeds its savings by Rs. 3500, and A's ...
The ratio of two numbers 'a' and 'b' is 6:2, respectively. Whereas the ratio of 'b' and 'c' is 10:11, respectively. When 14 is added to 'a', it becomes ...
