Question
Parts of the following sentence have been given as
options. Select the option that contains an error. The manager appreciated the responsible and timely completion of the project by the team.Solution
Both adjectives “responsible” and “timely” are expected to describe the same noun . A correct structure would be:  the responsible team and timely completion of the project  the team’s responsible handling and timely completion of the project
The ratio that measures the efficiency with which a firm utilizes its assets to generate sales is:
Which of the following statements about Mortgage are not true?
1.   Under a mortgage, the legal ownership of the asset can be transferred ...
The excess of the carrying amount of an asset over its recoverable amount is known as ________ and is recognised as ________.
A firm’s Return on Equity (ROE) is 20%, and its equity capital is ₹10,00,000. What is the Net Profit?
A company has a Net Profit of ₹1,50,000 and Sales of ₹30,00,000. What is its Net Profit Margin?
A firm reports the following: Sales = ₹40,00,000; Cost of Goods Sold = ₹28,00,000; Inventory = ₹7,00,000. What is the Inventory Turnover Ratio?
A company took a term loan of Rs.50 lakh from the bank in December 2025. If the loan has to be repaid in 5 equal yearly instalments starting from Decemb...
GHI Ltd has a net worth of ₹12 crore, consisting of equity share capital of ₹8 crore and free reserves of ₹4 crore. The face value of each equity ...
GB Ltd is preparing its Cash Flow Statement. Which of the following will be recorded under the investing activity?
A company repaid a long-term loan of ₹3,00,000 during the year. How is this reported in the cash flow statement?