Question
What financial ratio measures the number of days a
company can cover its cash expenses without relying on external financing for a certain period?Solution
Basic Defense Interval ratio tells the Number of days for which the company can cover its cash expenses without the aid of additional financing. Formula: (Cash & Bank balances + Net Receivables + Marketable Securities) / Daily Operating expenses.
A company purchases machinery for ₹5,00,000. It estimates useful life 5 years with zero scrap. Under straight-line method, annual depreciation is:
What type of banking transaction allows customers to earn interest on their deposited funds and provides easy access to their money for daily expenses?
Which form is used for preparing the Profit and Loss Account of an insurance company carrying out life insurance business under the IRDA Regulations, 2002?
'Masala Bonds' are Indian Rupee-denominated bonds issued:
Which of the following best describes "Ind-AS" in accounting?
Which of the following statements are required to verify trade creditors?
Statement 1: Obtain the schedule of creditors and examine it with refer...
You are an analyst working in the finance department of a large corporation. Your team is tasked with evaluating the company's total debt service costs ...
Which state was declared India’s first fully literate state in 2025?
Capital Structure of a company consists of:
Which of the following is not a correct feature of a microfinance loan as per RBI’s directions?
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