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Accountancy · 2025 · 4 marks

CBSE 2025 · Region 5 · Set 1 · Q33

The current ratio of Jack Ltd. is $\displaystyle 3$·$\displaystyle 2$ : $\displaystyle 1$ and the quick ratio is $\displaystyle 1$·$\displaystyle 5$ : 1. The excess of current assets over quick assets was represented by inventories which were ₹ $\displaystyle 68$,000. Calculate : (i) Current Assets (ii) Quick Assets (iii) Current Liabilities
OR
From the following information obtained from the books of KVK Ltd., calculate 'Net Assets Turnover Ratio' and 'Debt Equity Ratio' : Amount Information () Preference Share Capital $\displaystyle 8,00,000$ Equity Share Capital $\displaystyle 12,00,000$ General Reserve $\displaystyle 2,00,000$ Balance in the Statement of Profit and Loss $\displaystyle 6,00,000$ $\displaystyle 15$% Debentures $\displaystyle 4,00,000$ $\displaystyle 12$% Loan $\displaystyle 4,00,000$ Revenue from Operations for the year $\displaystyle 2023$ $\displaystyle 24$ $\displaystyle 72,00,000$

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