Question
Which organization became the first Indian firm to
surpass ₹10 lakh crore in revenue?Solution
Reliance Industries, led by Mukesh Ambani, became the first Indian company to surpass ₹10 lakh crore in annual revenue, marking a significant achievement in the Indian corporate sector.
A firm’s balance sheet shows:
• Current assets: ₹400 lakh
• Current liabilities: ₹250 lakh
• Inventory: ₹100 lakh
...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...
XYZ Ltd. is a medium-sized manufacturing company. Its summarized Balance Sheet and additional financial information for the year ended 31st March 2024 a...
A company has a Current Ratio of 3:1. If it pays a current liability of ₹50,000, what will be the effect on the Current Ratio?
XYZ Ltd. has the following details: Equity Share Capital = ₹50 lakhs, Reserves = ₹20 lakhs, Long-term Debt = ₹30 lakhs. EBIT for the year is ₹18...
The ratio that measures the efficiency of total assets usage is:
The ratio that measures the percentage of profit earned on sales before interest and tax is:
Which of the following appears on the Balance Sheet?
Two firms, Firm A and Firm B, are identical in all respects except their capital structure.
• Firm A (Unlevered): It is entirely equity finance...
Refer the following summarized Balance Sheet of Roy Ltd. as on 31‐3‐2023:
