Question
Solution
The correct answer is D
A company enters into a contract to construct a specialized asset over 4 years. At the end of Year 2, total costs incurred are βΉ60 lakh, estimated tot...
For intra-State sales, the GST is divided between the Centre and the State in the ratio?
Which of the following is not regarded as a legal rule for a valid acceptance?
When profits as per cost accounts differ from financial accounts, the difference may be due to:
Under Priority sector lending, the sub-target for domestic scheduled commercial banks, to lend to micro enterprises is ______
The concept that requires a business to use the same accounting methods and policies from one period to the next is called:
As per IRDAI norms, an insurer must maintain a solvency ratio of at least 150%. If an insurerβs available solvency margin is βΉ900 crore, what should...
A company has Net Sales of βΉ1,000 lakhs, Net Profit of βΉ80 lakhs, Total Assets of βΉ750 lakhs, and Equity of βΉ250 lakhs.
Calculate Return ...
A company's current ratio is 2.5, but its quick ratio is only 0.9. What does this suggest about its liquidity?
If the current ratio of a company is exactly 1, what will be its Net Working Capital (NWC)?