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CAIIB - ABM- CASE STUDIES / NUMERICAL QUESTIONS

M/s Raj&co's balance sheet included the following accounts:

Cash: 10,000
Accounts Receivable: 5,000
Inventory: 5,000
Stock Investments: 1,000
Prepaid taxes: 500
Current Liabilities: 15,000

Find the Quick Ratio

Quick Ratio = (Cash + Cash Equivalents + Short Term Investments + Marketable Securities + Accounts Receivable) / Current Liabilities

= (10000+5000+1000) / 15000
= 16000 / 15000
= 1.07

.................................

M/s Raj&co's balance sheet included the following accounts:

Inventory : 5,000
Prepaid taxes : 500
Total Current Assets : 21,500
Current Liabilities : 15,000

Find the Quick Ratio

Quick Ratio = (Current assets – Inventory - Advances - Prepayments Current Liabilities) / Current Liabilities

= (21500 - 5000 - 500) / 15000
= 16000 / 15000
= 1.07

.................................

XYZ Pvt Ltd has the following assets and liabilities as on 31st March 2015 (in Lakhs) :

Non Current Assets
Goodwill 75
Fixed Assets 75

Current Assets
Cash in hand 25
Cash in bank 50
Short term investments 45
Inventory 25
Receivable 100

Current Liabilities
Trade payables 100
Income tax payables 60

Non Current Liabilities
Bank Loan 50
Deferred tax payable 25

Find the Quick Ratio

Quick Ratio = (Cash in hand + Cash at Bank + Receivables + Marketable Securities) / Current Liabilities
= (25+50+45+100) / 160
= 220 / 160
= 1.375

……………………………………………………………………………………………………………………………………………

 


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