Question
Which of the following is an external, material and
non-transferable good?Solution
External goods are classified as material and personal goods. Material goods are further classified as transferable (such as land, building, furniture etc) and nontransferable (such as degree certificate, driving license etc.) Personal goods are also classified as transferable (goodwill of business) and nontransferable (friendship, courage etc) Internal goods are nontransferable like personal qualities like ability, intelligence etc.)
VG Ltd shared the following details from its Balance sheet at the end of the year. What is its Current Ratio?Â
If net income is ₹10 lakh and number of equity shares is 2 lakh, what is the EPS?
A holding company is required to prepare consolidated financial statements. The financials of which of the following will be includes in the consolidate...
A company’s current ratio is 1.5:1 and current liabilities are ₹4,00,000. What are its current assets?
COGS is ₹30 lakh and average inventory is ₹5 lakh. What is inventory turnover ratio?
Calculate the EBIT of the company given the following details:
Sales: ₹20,00,000Â
Cost of Goods Sold: ₹14,00,000Â
Operating E...
Schedule III Part 2 of the Companies Act, 2013, pertains to the Format of ______?
Given: Net Profit ₹4,00,000; Tax Rate 30%; Equity Share Capital ₹10,00,000 (Face Value ₹10). The Return on Equity (ROE) is:
If cash inflow from operations is ₹12 lakh, investing cash outflow is ₹5 lakh, and financing inflow is ₹3 lakh, what is net cash flow?
Use Direct method to calculate the net cash from operations of the company given the following transactions?Â
Sales in the year: ₹6,50,000Â
