Question
The Additional Solicitor General argued that as no court
could inquire into the correspondence between the Prime Minister and the President, the CIC cannot look into them as well. Read each sentence to find out whether there is any error in it. The error, if any, will be in one part of the sentence. Mark the part with the error as your answer. If there is no error, mark "No Error" as your answer. (Ignore the errors of punctuation).Solution
Use ‘could not’ instead of ‘cannot’.
From the following, calculate the Debt to Equity Ratio:
Share Capital: ₹5,00,000; Reserves: ₹3,00,000; Long-term Borrowings: ₹4,00,000; Cur...
Which ratio measures a company's ability to meet its short-term obligations?
Refer the following summarized Balance Sheet of Roy Ltd. as on 31‐3‐2023:
A firm’s net sales are ₹5 crore, and cost of goods sold is ₹3.5 crore. Inventory at the start of the year was ₹80 lakhs and at the end ₹1.2 cr...
While preparing cash flow statement, an entity (other than a financial institution) should disclose the dividends received from its investment in shares...
A firm’s gross profit is ₹50 lakh, sales are ₹2 crore. What is its gross profit margin?
XYZ Ltd. is a medium-sized manufacturing company. Its summarized Balance Sheet and additional financial information for the year ended 31st March 2024 a...
Company A has a current ratio of 1.2:1 and quick ratio of 0.9:1. It also has significant inventory holding. What does this indicate about the company’...
Company A has inventory turnover 6 times and average inventory ₹4,00,000. Annual cost of goods sold is:
A company has the following details:
• Net Profit: ₹12 lakh
• Equity: ₹60 lakh
• Debt: ₹40 lakh
• Interest: �...