Question
A firm prepares a flexible budget formula based on
activity: Sales = ₹20/unit, variable cost = ₹12/unit, fixed cost = ₹1,20,000. If actual production falls to 25,000 units from the planned 30,000, compute the flexible budget profit at 25,000 units.Solution
• Sales revenue = 25,000×20 = ₹5,00,000; Var cost = 25,000×12 = ₹3,00,000; Fixed = ₹1,20,000. • Profit = 5L – 3L – 1.2L = ₹80,000.
Which of the following does not contribute to credit risk?
Which accounting concept assumes that a business will continue operating into the foreseeable future?
Lead Bank Scheme was introduced in:
Export Credit Guarantee Corporation of India comes under the administrative control of ______________.
The Reserve Bank of India (RBI) has proposed to extend the term-liquidity facility of Rs 50,000 crore offered to emergency health services till ……�...
What does the Net Stable Funding Ratio (NSFR) require?
Which of these institutions is NOT directly involved in rural credit?
Which of the following correctly defines Yield to maturity (YTM)?
What distinguishes systematic risk from unsystematic risk?
Which committee recommended the establishment of RRBs?
