Question
Which Indian city houses all three institutions: IIT,
IIM, and AIIMS?Solution
Jammu is unique in having all three prestigious institutions: IIT, IIM, and AIIMS, showcasing its growing educational infrastructure.
Which of the following is a limitation of financial statements?
Debt Service Coverage Ratio is calculated as:
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...
Which conditions must be met for a third party’s customer due diligence to be accepted by an RE?
A firm has sales of Rs. 50,00,000, variable costs of Rs. 30,00,000, and fixed costs of Rs. 10,00,000. It has debt of Rs. 20,00,000 at 10% interest. What...
A company has Rs. 20,00,000 equity (Ke = 15%) and Rs. 10,00,000 debt (Kd = 10% post-tax). Calculate Weighted Average Cost of Capital (WACC).
₹200 paid as wages for erecting a machine should be debited to:
A company is evaluating its debt-equity mix. It observes that increasing debt reduces overall cost of capital up to a point, but beyond that the cost of...
A company's EBITDA is ₹18,00,000, depreciation ₹2,00,000, interest ₹1,00,000, tax 30%. Net profit after tax (approx) is:
A firm’s balance sheet shows:
• Current assets: ₹400 lakh
• Current liabilities: ₹250 lakh
• Inventory: ₹100 lakh
...
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