Question
For calling a meeting of the Board, what is the minimum
period of notice to be given in writing to the every director at his registered address?Solution
Companies Act, 2013 - Section 173 – Meeting of Board A meeting of the Board shall be called by giving not less than seven days’ notice in writing to every director at his address registered with the company and such notice shall be sent by hand delivery or by post or by electronic means: Provided  that a meeting of the Board may be called at shorter notice to transact urgent business subject to the condition that at least one independent director , if any, shall be present at the meeting. Â
A company’s share is currently quoted at a market price of ₹120 per share. The company is expected to pay a dividend of ₹12 per share in the next ...
If company's operating cycle (inventory days + receivables days) = 120 days and payables days = 40 days, cash conversion cycle = ?
Champion Ltd. define following data for calculating Current Ratio:
Current Assets Rs.20,00,000 ,
Inventories Rs.10,00,000 ,
Working Capital Rs.12, 00,000.
₹200 paid as wages for erecting a machine should be debited to:
ABC Ltd.’s net profit is ₹1 crore. Its equity is ₹5 crore. The return on equity (ROE) is:
If Current Ratio is 2.5:1 and Working Capital is ₹1,50,000, what are Current Assets?
If the MOS = 20,000 units and PV ratio is 60%. Calculate profit if revenue per unit is 4.
Which of the following is a limitation of financial statements?
A firm’s EBIT is ₹20 lakh and interest is ₹5 lakh. What is interest coverage ratio?
A company has the following: Sales ₹10,00,000; Variable cost 60% of sales; Fixed cost ₹1,20,000. Contribution margin = ? Break-even sales = ?
