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Accountancy · 2026 · 1 mark
CBSE 2026 · Region 5 · Set 2 · Q29
From the following information obtained from the books of accounts of Amanda Ltd., calculate 'Quick Ratio' of the company: Total Current Assets…
From the following information obtained from the books of accounts of Amanda Ltd., calculate 'Quick Ratio' of the company : Total Current Assets (including stock and prepaid expenses) ₹ $\displaystyle 2,00,000$; Stock ₹ $\displaystyle 20,000$; Prepaid expenses ₹ $\displaystyle 10,000$; Current liabilities $\displaystyle 1,70$,000.
'Analysis of financial statements is useful and significant to different users.' Which of the following users is concerned with a firln's long-term solvency and survival ?
Official answer
(a) → (B)
(b) → (D)
Marking-scheme solution
(B)
$\displaystyle 1$:$\displaystyle 1$
OR
Q.(b) ‘Analysis of financial statements is ……………………
Ans. (D) Lenders
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CBSE Class 12 Accountancy past-paper question from the 2026 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.