✓ Board-verified
Accountancy · 2024 · 1 mark
CBSE 2024 · Region 1 · Set 1 · Q27
The Quick Ratio of a company is $\displaystyle 1$ : 2. Which of the following transactions will result in an increase in this ratio ?
Official answer
From CBSE’s own marking scheme for this paper.
(B)
Sold goods on credit
Marking-scheme solution
(B)
Sold goods on credit
More from Accounting Ratios
- The current ratio of Jack Ltd. is 3·2: 1 and the quick ratio is 1·5: 1. The excess of current assets over…2025
- The current assets of X Ltd. are ₹ 2,00,000 and its current liabilities are ₹ 1,50,000. If, its working…2023
- Prepare a 'Common S ize Balance Sheet' from the following B alance Sheet of Shree Ltd. as at 31st March,…2022
- Identify whi2024
- Identify and state the significance of any two ratios that are calculated to measure the efficiency of…2023
- From the following information, calculate 'Interest Coverage Ratio': Shareholders' funds 30,00,000 8%…2026
- The quick ratio of Theta Ltd. is 0.8:1. Which of the following transactions will result in decrease in this…2026
- Which of the following is not a Solvency Ratio?2023
CBSE Class 12 Accountancy past-paper question from the 2024board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.