Question
What is the standard weight of one bale of
cotton?Solution
A bale of cotton typically weighs around 170 kilograms. Cotton bales are standardized to make it easier for trading and transportation in the cotton industry. This standard weight ensures consistency and simplifies the process of pricing and handling cotton in the market.
Champion Ltd. define following data for calculating Current Ratio:
Current Assets Rs.20,00,000 ,
Inventories Rs.10,00,000 ,
Working Capital Rs.12, 00,000.
If Current Ratio is 2.5:1 and Working Capital is ₹1,50,000, what are Current Assets?
A company has Net Sales of ₹1,000 lakhs, Net Profit of ₹80 lakhs, Total Assets of ₹750 lakhs, and Equity of ₹250 lakhs.
Calculate Return ...
Company A has a current ratio of 1.2:1 and quick ratio of 0.9:1. It also has significant inventory holding. What does this indicate about the company’...
A company has sales ₹50,00,000 and gross profit margin 40% (on sales). Cost of goods sold (COGS) is:
Which of the following is a limitation of financial statements?
XYZ Ltd. is a medium-sized manufacturing company. Its summarized Balance Sheet and additional financial information for the year ended 31st March 2024 a...
ABC Ltd.’s net profit is ₹1 crore. Its equity is ₹5 crore. The return on equity (ROE) is:
A company refinances a short-term loan (due in 4 months) after the balance sheet date but before the financial statements are authorised. Management arg...
Current ratio = 1.5 and current assets = ₹3,00,000. Current liabilities are:
