Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Accountancy Financial Statement Analysis Ratio analysis
Which one of the following statements is not true?
1
Conversion of debentures into preference shares will decrease debt-equity ration
2
Long-term liabilities due for payment within a year should be treated as current liabilities
3
Higher operating ratio indicates higher profits
4
Cost of sales is a better numerator than sales while calculating stock turnover