A high gearing ratio reflects: The business is Highly Secured The business is using less borrowed funds to finance its business The business is using a larger amount of borrowed funds The business is solvent in the long term Which of following statements is/are false? i. Traditional Costing leads to undercosting and overcosting of products. ii. Traditional method of overhead costing uses more arbitrary bases of apportionment of overhead. Which of following statements is/are false? i. Traditional Costing leads to un Jucts. ii. Traditional method of overhead ii only of apportionment of overhea Both the statements are false Both the statements are true i only Alex business has following results 2014 2015 Current ratio 2.0 1.6 an Acid test ratio 0.8 0.6 Based on the above information, which of following is true? 4 Decline in liquidity from 2014 to 2015. Business had more liquid assets compared to it liquid liabilities in 2014 Business does not have enough current assets to pay the current Liabilities in both the years is Improvement in liquidity from 2014 to 2015