Multiple Choice Questions on If total assets of a firm are Rs 8 20 000 and its fixed assets are Rs 5 90 400 what will be the perc........... for UPSC EPFO Exam Preparation

Back to Main Page

Multiple Choice Questions

If total assets of a firm are Rs 8 20 000 and its fixed assets are Rs 5 90 400 what will be the perc...........

General Accounting Principles Financial statement analysis 
    Download Solution PDF

    If total assets of a firm are Rs 8,20,000 and its fixed assets are Rs 5,90,400, what will be the percentage of current assets on total assets?

    42%

    Incorrect Answer

    58%

    Incorrect Answer

    28%

    Correct Answer

    72%

    Incorrect Answer
    छोटे Courses बड़े Results
    Master Financial statement analysis 
    Prepare through Micro-courses
    Try Now
    Explanation:

    GIVEN: total assets= Rs.8,20,000 : fixed assets= Rs.5,90,400

    total assets-fixed assets=current assets

    8,20,000-5,90,400=2,29,600

    % of current assets on total assets = current assets / total assets * 100

    = 2,29,600 / 8,20,000*100= 28%

    By: Abhipedia
    ProfileResources

    Let's Discuss

    Sheena Sharma

    12. Total assets of a firm are ? 40,00,000 and its fixed assets are ? 16,00,000. What will be the percentage of fixed assets on total assets? a) 60% b) 40% c) 29% d) 71%

    0 0 reply
    Master
    Financial statement analysis 
    With abhipedia
    Micro Courses
    Try Now
    What our students have to say
    Review on us
    Download Abhipedia Android App

    Access to prime resources

    Downlod from playstore
    download android app download android app for free