Question
Who has been appointed as the Rajya Sabha General
Secretary?Solution
The former chairman of the Central Board of Direct Taxes (CBDT), Pramod Chandra Mody was appointed new Secretary General Rajya Sabha, he will replace P.P.K. Ramacharyulu.
A company’s gross profit margin remains stable, but its net profit margin shows significant fluctuations year over year. The finance team wants to inv...
From the following, calculate the Operating Profit Ratio: Net Sales ₹5,00,000, Cost of Goods Sold ₹3,00,000, Operating Expenses ₹1,00,000, Non-ope...
A firm’s EBIT is ₹20 lakh and interest is ₹5 lakh. What is interest coverage ratio?
X Ltd. is merged with Y Ltd. under the pooling of interest method. The reserves and surplus of X Ltd. amount to ₹10 lakhs. How will this be treated i...
A firm’s balance sheet shows:
• Current assets: ₹400 lakh
• Current liabilities: ₹250 lakh
• Inventory: ₹100 lakh
...A high Inventory Turnover Ratio, in comparison to industry average, may indicate:
ABC Ltd.’s net profit is ₹1 crore. Its equity is ₹5 crore. The return on equity (ROE) is:
Company A has a current ratio of 1.2:1 and quick ratio of 0.9:1. It also has significant inventory holding. What does this indicate about the company’...
A company has Net Sales of ₹1,000 lakhs, Net Profit of ₹80 lakhs, Total Assets of ₹750 lakhs, and Equity of ₹250 lakhs.
Calculate Return ...
A company has the following: Sales ₹10,00,000; Variable cost 60% of sales; Fixed cost ₹1,20,000. Contribution margin = ? Break-even sales = ?
