____________ ratio is modified form of liquid ratio.

(a)

Liquid

(b)

Absolute Liquid

(c)

Fixed

(d)

None of these

Gross profit can be ascertained by deducting cost of goods sold from ________________

(a)

Purchase

(b)

Sales

(c)

Capital

(d)

Drawings

When total sales is Rs.2,00,000, cash sales is Rs.65,000, then credit sales will be Rs _______________

(a)

Rs.1,35,000

(b)

Rs.2,65,000

(c)

Rs.35,000

(d)

Rs.65,000

Solvency ratios are expressed in terms of ________________

(a)

Proportion

(b)

Times

(c)

Percentage

(d)

None of these

Shareholders funds includes ________________

(a)

Equity share capital, reference share capital, reserves & surplus

(b)

Loan from bank and financial institutions

(c)

Equity share capital, reference share capital, reserves & surplus, Loan from bank and financial institutions

(d)

None of the above