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[CBSE] Q. 18 Solution of Accounting Ratios TS Grewal Class 12 (2023-24)

Anurag Pathak
August 28, 2023
[CBSE] Accounting Ratio solutions TS Grewal (2023-24)

Solution of Question number 18 of the Accounting Ratios of TS Grewal Book 2023-24 CBSE Board?

From the following information, Calculate Quick Ratio:

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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.]

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Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his Youtube channel for free lectures

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