Question
Which of the following Statements is/are True? I-
Digital Currency is same as Electronic versions of currency. II- Digital currency is any currency that’s available exclusively in electronic form. III- Bitcoin is the only Digital Currency available currently.Solution
Digital currency is any currency that’s available exclusively in electronic form. Electronic versions of currency already predominate most countries’ financial systems.
A company has debt of ₹50 lakh at 10% interest, equity of ₹1 crore with cost of equity 15%, and tax rate 30%. Calculate the WACC (weighted by market...
Which of the following transaction will affect the current ratio?
A director is appointed in _______
A company purchased machinery for ₹50,00,000 on 1st April 2020. Installation cost was ₹5,00,000. Residual value ₹3,00,000, useful life 5 years. On...
If the amount of any known liability cannot be determined accurately, then:
Claims paid during year = ₹150 crore; Outstanding claims at year-end = ₹20 crore; Outstanding at beginning = ₹15 crore. Calculate claims incurred.
Tangible property to be consumed in production of goods or services or held for sale in the ordinary course of business is defined as:
What is the Surrender Value of an insurance policy?
An oil company constructs a drilling platform at a cost of ₹200 crore. It estimates a dismantling cost of ₹30 crore at the end of 25 years. The pres...
An uncovered cost at the start of a year is Rs. 20,000. Full cash flow during the recovery year is Rs. 40,000, and years prior to full recovery are 3. T...
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