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Q. Operating ratio establishes the relationship between --------------- and net sales

Q. -------------------means transfer of economic value of firm from one asset or equity to another.

Q. Increase in prepaid expenses--------------------cash

Q. ----------- helps to disclose financial position

Q. If the current assets and working capital of a company are rs.80,000 and rs.50000 then current liability will be-------------

Q. Cash flow statements (based on AS-3) should be prepared and presented under------------------ method.

Q. Purchase of building by issue of debenture is a---------item and it is ignored in cash flow statement

Q. Purchase of fixed asset is classified as------activity

Q. Ratio analysis is a study of relationship among various --------------- factors in a business

Q. Common size Income Statement present the various items as a percentage of ----------------