Question
Who is willful
defaulter?Solution
A wilful defaulter is a borrower who has the ability to repay the bank but wouldn’t so deliberately. Here, the intent to pay back the money to the lender is absent.
A firm’s balance sheet shows:
• Current assets: ₹400 lakh
• Current liabilities: ₹250 lakh
• Inventory: ₹100 lakh
...Refer the following summarized Balance Sheet of Roy Ltd. as on 31‐3‐2023:
Which ratio measures a company's ability to meet its short-term obligations?
If Current Assets are ₹10,00,000, Inventory is ₹4,00,000, and Current Liabilities are ₹5,00,000, the Quick Ratio is:
Company A has inventory turnover 6 times and average inventory ₹4,00,000. Annual cost of goods sold is:
A company’s share is currently quoted at a market price of ₹120 per share. The company is expected to pay a dividend of ₹12 per share in the next ...
A firm evaluates two projects with identical expected cash flows, but Project A has higher variability. If the firm is risk-averse, what would be its de...
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 firm’s EBIT is ₹20 lakh and interest is ₹5 lakh. What is interest coverage ratio?
₹200 paid as wages for erecting a machine should be debited to:
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