Question
Which among the following ratios will be affected
because of salaries paid in cash as advance salary?Solution
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.
 International Institute of Tropical Agriculture is situated atÂ
Edible part of Saffron is ____
Income elasticity of inferior goods is ........................?
While recommending price policy of various commodities under its mandate, the Commission keeps in mind ____
An advance form of organizational design is .............................?
Which mineral is a primary component of limestone?
Which of the following statements is/are true about soil pH?
Statement A: Acidic soils have a pH value below 7, indicating high alkalinity.
<...Quiescent centre is found in plants at
Training of Rural Youth for Self Employment (TRYSEM) was launched in the year
How many factors have been identified for influencing plant growth up till now?
