Question
NMO Inc has the following accounting information
>Current Assets at the beginning of a year = Rs 580 Current Assets at the end of a year = Rs 620 Current Liabilities at the beginning of a year = Rs 275 Current Liabilities at the end of a year = Rs 325 Revenue for the year is Rs 4000 Calculate its working capital turnover ratioSolution
Beginning WC = 580-275 = 305 Ending WC = 620-325 = 295 Average WC = (305+295)/2 = 300 WC Turnover = Revenue/Average WC = 4000/300 = 13.33
___________ refers to the degree of correlation of the same variables between two successive time intervals
Let X and Y be two related variables. The two regression lines are given by x-y+1=0 and 2x-y+4=0. The two regression lines pass through the point:
When we say that the estimator is BLUE. What does best signify here?
If bxy = 0.20 and rxy = 0.50, then byx is equal to:
Which of all the following is not an assumption of Marshall Consumer Theory of Demand?
Umar has the utility function U(b,w) = min (b,w) and Akshat has the utility function U(b,w) = bw. If we draw an Edgeworth box with b on the ho...
 The sum of squared deviation is minimum when taken from
For a positively sloped LM curve, which of the following statements is CORRECT?
Autocorrelated errors is about
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