#2
| |||
| |||
Re: Heavy Engineering Corporation Sample Papers Here is the Heavy Engineering Corporation Sample Papers: 1. A company has inadvertently overstated in ending inventory. This will: a. Increase the income of the succeeding year. b. Decrease the income of the current year. c. Have no effect on the income of the succeeding year. d. Decrease the income of the succeeding year. 2. Project Engineering Ltd. has an adverse current ratio which one of the following would improve his ratio? a. Sale of fixed assets for cash. b. Collection of some of the current accounts receivables. c. Use of cash to pay off some long-term debts. d. Collection of sundry debtors. 3. Give that the current ratio is 2:1 if the net working capital is Rs. 60,600, then the amount of current liabilities would be a. Rs. 30,300. b. Rs. 60,600. c. Rs. 1, 21,200. d. Rs. 90,900. For complete question paper download the attachment given below… |
|