Question
Which of the following factors are considered while
fixing minimum wages under the Act? I. Cost of living index II. Type of employment III. Employer’s financial condition IV. Productivity of the workerSolution
The government considers the cost of living and type of employment while fixing minimum wages. The employer’s financial condition is not a deciding factor.
 Which of the following ratios is very important to assess the eligibility of a borrower for a Term Loan?
Which of the following statement is true regarding standard costing?
A firm reports the following: Sales = ₹40,00,000; Cost of Goods Sold = ₹28,00,000; Inventory = ₹7,00,000. What is the Inventory Turnover Ratio?
A company’s current ratio is 1.5:1 and current liabilities are ₹4,00,000. What are its current assets?
Match the following:
A) Herzberg P) Need Theory
B) McClelland Q) Expectancy Theory
C) McGregor R) Motivation Hygiene Theory
...
If net income is ₹10 lakh and number of equity shares is 2 lakh, what is the EPS?
GH Ltd took a term loan of Rs.24 crore for a period of 20 years to be repaid in equal annual instalments. The interest is 10% p.a. on reducing balance. ...
Under which of the following head will repayment of loan be shown in a cash flow statement?
A company has the following details for the year:
• Net Income = ₹12,00,000
• Preferred Dividends = ₹1,00,000
• Outstandi...
Match the following Ratios
A)    Overall profitability ratio                      1) Gearing Ratio
B)    �...
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