Question
The term Gross Working Capital is known
as:Solution
The term "Gross Working Capital" refers to the total amount of investment made in current assets by a company. Current assets are those assets that are expected to be converted into cash within one year or the operating cycle of the business, whichever is longer. Examples of current assets include cash, accounts receivable, inventory, and prepaid expenses.
Calculate cost of goods sold from the following figures:
Opening stock = Rs. 3,500
Purchases = Rs. 21,000
Closing stock = Rs. 2,500
Which of the following statements about a Ceding Company in insurance is true?
ABC sports material manufacturing company budgeted the following data for the coming year:
Sales (1,00,000 units) = ₹1,00,000
Variable c...
Which of the following statement is not true with regards to a bearer plant as per IND AS 16:
For an Asset Reconstruction Company (ARC), after how many days of overdue does a receivable get classified as a Non-Performing Asset (NPA) in its books?
Which section deals with TDS on cash withdrawals?
When a bank chooses the wrong strategy or follow a long-term business strategy which might lead to its failure, it is called
Goodwill is considered as:
Read the following information to answer the below questions:Â
What is the primary function of the National Payments Corporation of India (NPCI)?