[CBSE] Q. 17,18,19,20 Solution of Accounting Ratios TS Grewal Class 12 (2026-27)
Solution of Question 17, 18, 19, 20 Accounting Ratios of TS Grewal Book 2026-27 session CBSE Board?
Q. 17. From the following information, calculate Liquid Ratio:
| Particulars | ₹ |
| Current Assets | 4,00,000 |
| Inventories | 1,00,000 |
| Prepaid Expenses | 20,000 |
| Trade Receivables | 2,00,000 |
| Current Liabilities | 1,40,000 |
Solution:-
Q. 18. From the following information, Calculate Quick Ratio:
| Particulars | ₹ |
| Total Debt | 12,00,000 |
| Total Assets | 16,00,000 |
| Property, Plant and Equipment (Fixed Assets) | 6,00,000 |
| Non-Current Investments | 1,00,000 |
| Long Term Borrowings | 4,00,000 |
| Long-term Provisions | 4,00,000 |
| Long-term Loans and Advances | 1,00,000 |
| Inventories | 1,90,000 |
| Prepaid Expenses | 10,000 |
[Ans.: Quick Ratio = 1.5 : 1.]
Solution:-
Q. 19. Current Assets ₹ 6,00,000; Inventories ₹ 1,20,000; Working Capital ₹ 5,04,000. Calculate Quick Ratio.
[Ans.: Quick Ratio = 5 : 1.]
Solution:-
Q. 20. Quick Assets ₹ 3,00,000; Inventory (Stock) ₹ 80,000; Prepaid Expenses ₹ 20,000; Working Capital ₹ 2,40,000. Calculate Current Ratio.
[Ans.: Current Ratio = 2.5 : 1.]
Solution:-
