Question
RSP Ltd has a net profit margin of 12% and a total
asset turnover of 1.2 times and a financial leverage multiplier of 1.2 times. RSP Ltd’s return on equity is closest to:Solution
Here the DuPont Formula is used to calculate the RoE Return on equity = (net income/sales) (sales/assets) (assets/equity) = (0.12) (1.2) (1.2) = 17.28~17.3%
Under Section 33 of the Industrial Disputes Act, 1947, during pendency of conciliation/adjudication proceedings, employers cannot:
Which of the following is considered a key principle of taxation that ensures tax fairness by taxing individuals based on their economic capacity?
The Specific Relief Act provides for "Injunction" which is:
Under Section 11 of the Indian Contract Act, which of the following conditions must be met for a person to be considered legally competent to enter into...
An Advertisement in a news paper inviting tenders is:
Photostat copy of family settlement deed is allowed to be produced before the Court as an_______
Superintendence, direction, and control of elections to be vested in the ___________under the Constitution of India, 1950.
The period of limitation for filing a suit of compensation for a malicious prosecution is
If any default is made in transferring the total amount or any part to the Unpaid Dividend Account of the company, it shall pay, from the date of such d...
The right to equality under Article 14 is subject to what exception?
