Question
MNP Inc has a gross profit of Rs 75000 on a sale of Rs 350000. The balance sheet shows average total assets of Rs 200000 with an average inventory of Rs 50000, MNP’s total asset turnover and inventory turnover are closest to: Assets Turnover Inventory Turnover
MNP Inc has a gross profit of Rs 75000 on a sale of Rs 350000. The balance sheet shows average total assets of Rs 200000 with an average inventory of Rs 50000, MNP’s total asset turnover and inventory turnover are closest to: Assets Turnover Inventory Turnover
a) 1.5 times 3.5 times
b) 1.75 times 5.5 times
c) 2 times 5 times
d) 1.75 times 5 times
e) 2 times 5.5 times
More Basic Accounting Concepts Questions
- RWA increases by ₹2,000 cr with no increase in capital. What happens to CRAR?
- Case: Sales = ₹200 crore EBIT = ₹30 crore Interest = ₹10 crore Tax = ₹6 crore What is the Interest Coverage Ratio (ICR)?
- What among the following is the item related to off- balance sheet exposure? A. Deposits B. Guarantee C. Call Options
- As per Schedule III, which of the following is not a current liability?
- As per which concept, total Notional profit should not be transferred to Profit and Loss Accounts but the portion of it should be kept in reserve to meet a...
- Using Q57, if Term Loan repayment is ₹14 cr and Interest ₹6 cr, what is the DSCR?
- What is the primary purpose of the money market?
- Using the same data, what is the Long Term Funds to Fixed Assets position?
- A project has IRR of 13%. Bank’s cost of funds is 8% and risk premium required is 4%. What is the correct credit decision?
- Which of the following is not true about nominal capital?
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)