Question
Which among the following criterion are required to be
fulfilled for an asset to be classified as a Current Asset?Solution
An asset shall be classified as current when it satisfies any one of the following criteria: a.   It is expected to be realized in, or is intended for sale or consumption in, the company’s normal operating cycle b.   It is held primarily for the purpose of being traded c.    It is expected to be realized within 12 months after the reporting date, or d.   It is cash or cash equivalent unless it is restricted from being exchanged or used to settle a liability for at least 12 months after the reporting date All other assets shall be classified as non-current .
The arithmetic means of the following data is.23,17,20,19,21,20,20
A ball is thrown from a height of 900 m on the ground. It bounces (2/3)Â times of its every last bounce. Find the total distance covered by the ball ti...
A spent 36% and 25% of his monthly salary on food and rent, respectively. Of the remaining amount, he gave 25% and 40% to his mother and brother, respec...
The mode and the mean of grouped data are 25 and 29.5 respectively. Find the median, correct to two places of decimal, using empirical relation.
Calculate the mean of these values:
25, 30, 28, 27, 29, 26, 32, 31
The 4th term of an AP is 17 and the 9th term is 42. Find the sum of the first 20 terms.
If the number 9458k2 is divisible by 8, then find the number of possible values of 'k'.
The interest earned when a sum is invested at simple interest of 25% p.a., for 3 years, is Rs. 1875. What will be the total amount received after 2 year...
If p:q = 5:7 and p + q = 408, then find the value of (q - p).
What is the median of the following list of numbers: 5, 3, 6, 9, 11, 19,12,20, and 1?
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