Question
“Sorry Madam,” Aarya said meekly. “That is okay,
but I can’t let you in. A rule is a rule,” Mrs. D’Souza said ________. Suddenly, tears emerged in the corner of Aarya’s eyes as she waited outside the class. Her friends felt ________ about her. Select the most appropriate option to fill in the blanks.Solution
The correct answer is B
A company reports an EBIT (Earnings Before Interest and Tax) of ₹10,00,000. It incurs interest charges of ₹2,00,000. The company also pays a Prefere...
What is MIBOR?
Two firms, Firm A and Firm B, are identical in all respects except their capital structure.
• Firm A (Unlevered): It is entirely equity finance...
Which statement is incorrect in the context of comparative financial analysis?
A firm has sales of Rs. 50,00,000, variable costs of Rs. 30,00,000, and fixed costs of Rs. 10,00,000. It has debt of Rs. 20,00,000 at 10% interest. What...
The preparation of a trial balance is for:
A company’s gross profit margin remains stable, but its net profit margin shows significant fluctuations year over year. The finance team wants to inv...
Refer the following summarized Balance Sheet of Roy Ltd. as on 31‐3‐2023:
For knowing the cash (liquidity) position of a company which of the ratio will be used?
The acid-test (quick) ratio excludes:
