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Ans 02. As we have an initial current ratio more than 01 so repayment of the last installment of the long-term loan will increase the Current Ratio. If the loan has not yet become a current liability, then paying it off will reduce the current ratio.Asalm o alkum sir, sir kindl sir guide short term ratio can be consider in effect to current ratio because long term ratio is not count in current ratio ....plz reply to clear this confusionSee More
Question: 1 Marks: 5 Basic Salary of an employee is Rs. 18,000 and Allowances are Rs. 9000. According to the company’s policy casual leaves are 12 days per year and earned leaves are 24 days per year and normal working days are 22 per month.Find the total cost of leaves as percent of gross salary. Question: 2 …See More
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