Question
The report underscore the need to strengthen preparation
and risk reduction in the communities that are hit repeatedly by crisis. Directions (Q. 6-10) 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. The number of that part is your answer. Mark (5) i.e no error as your answer.Solution
Use ‘ underscores’ instead of ‘underscore’
A company has the following details:
• Net Profit: ₹12 lakh
• Equity: ₹60 lakh
• Debt: ₹40 lakh
• Interest: �...
Which of the following is not a tool of financial statement analysis?
Sales = ₹200 lakhs, Variable cost = ₹120 lakhs, Fixed cost = ₹30 lakhs
Interest = ₹10 lakhs
Calculate (i) Operating Leverage and (...
A company’s debt-to-equity ratio increases from 1.5 to 2.5 over the year. What can be a likely interpretation?
A firm’s gross profit is ₹50 lakh, sales are ₹2 crore. What is its gross profit margin?
If a purchase return of ₹1,000 has been wrongly posted to the debit of the sales returns account, but has been correctly entered in the suppliers’ a...
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 uses 70% debt financing at 10% interest. Its ROE rises despite flat operating profits. What explains this phenomenon?
ABC Ltd.’s net profit is ₹1 crore. Its equity is ₹5 crore. The return on equity (ROE) is: