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1 . Assets are listed on the balance sheet in order of :
I ) Decreasing liquidity
II ) Decreasing size
III ) Increasing size
IV ) Relative life
2 . The difference between Total Assets of a firm and its Total Liabilities is called .
3 . The difference between Current Assets of a firm and its Current Liabilities is called .
4 . Which of the following is an example of leverage ratios ?
5 . Which of the following is an example of liquidity ratios ?
6 . Given the following data :
Current assets = 500
Current liabilities = 250
Inventory = 200
Account receivables = 200
Calculate the current ratio :