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Intel (INTC) at year-end 2023 had $43.27 billion in current assets and $28.05 billion in current liabilities, for a high 1.54 current ratio. What is a good current ratio? The ideal current ratio ...
Current liabilities in accounting refer to the liabilities of a business that are expected to be settled in cash within one fiscal year or the firm's operating cycle, whichever is longer. [1] These liabilities are typically settled using current assets or by incurring new current liabilities.
The current ratio divides current assets by current liabilities. For instance, Alphabet’s Q2 2024 balance sheet had $162.0 billion in current assets compared to $77.9 billion in current liabilities.
In India, the Statutory liquidity ratio (SLR) is the Government term for the reserve requirement that commercial banks are required to maintain in the form of cash, gold reserves, Govt. bonds and other Reserve Bank of India (RBI)- approved securities before providing credit to the customers.
Articles 148 – 151 of the Constitution of India deal with the institution of the CAG of India. The CAG is ranked 9th and enjoys the same status as a sitting judge of Supreme Court of India in order of precedence. K. Sanjay Murthy is the current CAG of India. [6] [7] He assumed office on 21 November 2024, and is the 15th CAG of India.
Deferred tax is a notional asset or liability to reflect corporate income taxation on a basis that is the same or more similar to recognition of profits than the taxation treatment. Deferred tax liabilities can arise as a result of corporate taxation treatment of capital expenditure being more rapid than the accounting depreciation treatment ...
The external debt of India is the debt the country owes to foreign creditors. The debtors can be the Union government , state governments , corporations or citizens of India. The debt includes money owed to private commercial banks , foreign governments, or international financial institutions such as the International Monetary Fund (IMF) and ...
The name "India" is originally derived from the name of the river Sindhu (Indus River) and has been in use in Greek since Herodotus (5th century BCE). The term appeared in Old English by the 9th century and reemerged in Modern English in the 17th century. "Bhārat" gained popularity in India during the nineteenth century.