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.
A and B together can do a piece of work in (p-8.8) days.The efficiency of D is 10% less than the efficiency of B. A and C together can do the same piece...
47 masons can dig a 35 m long trench in one day. How many masons should be employed for digging a 105 m-long trench of the same type in one day?
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Sachin can complete a job in 15 days. Ankit alone can complete the same job in 10 days. Sachin works for 9 days and then the remaining job is completed ...
4 men and 6 women together or 8 men can complete a piece of work in 20 days. 6 men and 6 women will complete the same work in
A and B can complete a piece of work in 12 days and 15 days respectively. They start working together, but after 4 days, A leaves. In how many more days...