Question
Arrange the following ratios in the order in which they
appear on a common-size income statement, from top to bottom: (A) Gross profit margin (B) Earnings per share (C) Net profit margin (D) Operating profit marginSolution
(A) Gross profit margin (B) Operating profit margin (C) Net profit margin (D) Earnings per share On a common-size income statement, the gross profit margin is usually presented at the top, followed by the operating profit margin, net profit margin, and finally, earnings per share. This order represents the decreasing level of profitability and earnings as you move down the income statement.
Capital structure of a firm influences the:
A life insurance company estimates future policyholder liabilities at ₹900 crore and holds total assets of ₹1,200 crore. It also reports a solvency ...
What is the maximum term loan sanction permitted for Aadhaar OTP-based e-KYC accounts?
Which of the following is NOT a best practice under Green Computing?
In an organization, the actual sales were ₹10 lakh while the budgeted sales were ₹12 lakh. The cost was ₹6 lakh vs budgeted cost of ₹7 lakh. Wha...
Shortage in material can be due to normal reasons or due to abnormal reasons.
Which of the following will be regarded as shortage due to abnormal reason?
A belated return can be filed by a taxpayer under Income tax Act, between _______
Time of supply means
A manufacturing firm includes administrative overheads and interest costs in inventory valuation during a slowdown. Which accounting principle is violated?
Which of the following is NOT an advantage of Bonus issue by a company?