Question
Which of the following does not qualify as a cash
equivalent under AS 3?Solution
cash equivalents are defined as: “Short-term, highly liquid investments that are readily convertible into known amounts of cash and which are subject to an insignificant risk of changes in value.”  “Bank overdrafts are generally considered a part of financing activities, unless they are repayable on demand and are an integral part of an enterprise’s cash management — in which case, they can be included in cash and cash equivalents.”
Average age of A, B and C is 20 years. Average age of B and C was 12 years when A was born. If B is 21 years old, then, find the age of C, 6 years hence.
Average number of pages in 54 books is 240. Two more books with pages (b + 20) and (b - 8) are added, and the average becomes 242. Find (b - 100).
In a group, 2 people with average weight 55 kg leave, and the average drops by 1 kg. If 3 people of average weight 56 kg leave, average drops by 2 kg. F...
The average age of a class of 22 girls is 18 years. If 2 new girls having average age of 12 years join the class, then the average age of the class beco...
The average of n numbers is 65. If each of 54% of the numbers is increased by 15 and each of the remaining numbers is decreased by 10, then the new aver...
The average score obtained by 27 students in a class test is 68 marks. The top place was shared by 3 people who got the same score. If the lowest score ...
The average of 19 numbers is 16.The average of first 9 numbers is 13 and that of the last 9 numbers is 15. What will be the 10th number?
- Rohit Sharma has an average score of 80 runs in 150 innings. The highest runs scored by him in an innings exceed his lowest score by 200 runs. If the runs ...
Average age of 3 children born at intervals of 2 years is 8. How old is the eldest child?
The average cost price of 25 pens (having equal cost price) decreased by Rs.4, when one of the pen is replaced by a new pen having cost price of Rs.60. ...
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