Question
Which of the following formulae correctly calculates the
Operating Profit Margin?Solution
Operating profit is given by EBIT or Earnings before Interest and Taxes. Operating profit margin is a profitability ratio that tells how much profit per unit of sales, a company earns from its operations, before accounting for interest cost and taxes. Operating profit margin = EBIT/Sales
What is the full form of the term LIBOR as used in financial/banking sector?
Which of the following statements is FALSE about the function of a commercial bank
RBI was initially constituted to ___________.
Match the following:
A) Bank Rate P) Minimum interest rate bank is allowed to charge
B) Base Rate Q) Price of a ...
The European country which is the guarantor of Bank of Central African States is
eVIN stands for?
The Headquarter of Bhartiya Mahila Bank (BMB) is situated at
Under which scheme, a saving account can be opened in the name of girl child and deposits can be made for 14 years and the girl is allowed to withdraw 5...
Which of the following organizations associated with investigations in an act of Money laundering ?
A shopkeeper allows a discount of 20% on a product and incurs a loss of 15%. If the difference between the discount given and the loss is Rs. 220, find ...