Question
Read the following information to answer the below questions: Net Sales = 40,00,000 (20 % GP Element) out of which 40% is on credit. Opening Inventories were 60 % of closing inventories. Opening Receivables are 120,000. Calculate the Debt Equity ratio of the company?
More Accounts Questions
- If the exchange rate between the Indian Rupee and the Japanese Yen is ₹1 = 1.44 ¥, then 1,000 ¥ equals ₹____.
- The Audit undertaken to check the implications of the top management decisions, having a financial bearing is otherwise known as:
- ABC Ltd. incurs direct material cost ₹8,00,000, direct labour ₹5,00,000, and factory overheads 60% of direct labour. Administration overheads are ₹3,00,000...
- The Coir Board is primarily responsible for the development of which sector?
- A software company provides license + 2 years of updates and support. How should revenue be recognised?
- In which year Indian Contract Act was enacted?
- The process of finding present value of a future amount is called:
- Which of the following is NOT classified as a financing activity under AS 3?
- Claims paid during year = ₹150 crore; Outstanding claims at year-end = ₹20 crore; Outstanding at beginning = ₹15 crore. Calculate claims incurred.
- Under the CGTMSE (Credit Guarantee Fund Trust for Micro and Small Enterprises) scheme, which of the following would be treated as primary security for a lo...
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
