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[vu-students] FIN621 Paper by Hira

17-02-2011 at 10:30 am

1)     Why revenue a/c is credited & expense a/c debited? Give reason.

2)   Find quick assets & total current assets.

3)   Find return on assets

4)   In financial statement, what is the basic objective of data n ratio?

5)    If u buy an inventory for 20,000 what’ll be effect on new working capital.

6)   Which 1 has lowest value cash ratio, quick ratio, current ratio, give reason also

 

Best Regards

 

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