Match List I with List II
List I List II
A. Super Profit I. Actual Average Profit - Normal Profit
B. Normal Profit II. Super Profit × \(\frac{100}{\text{Normal rate of return}}\)
C. Goodwill III. Total Assets - Outside Liabilities
D. Capital Employed IV. \(\frac{\text{Capital Employed × Normal Rate of Return }}{100}\)
Choose the correct answer from the options given below :

Question

When Current Ratio is 4 : 1, Current Assets are Rs.60,000 and Quick Ratio is 2.5 : 1, the amount of ‘Inventory’ will be:

Answer 1

The correct option is (C) :A-I, B-IV, C-II, D-III.

The Correct Option is C

List I		List II
A.	Super Profit	I.	Actual Average Profit - Normal Profit
B.	Normal Profit	II.	Super Profit × \(\frac{100}{\text{Normal rate of return}}\)
C.	Goodwill	III.	Total Assets - Outside Liabilities
D.	Capital Employed	IV.	\(\frac{\text{Capital Employed × Normal Rate of Return }}{100}\)