Question
With effect from February 4, 2020, the Deposit Insurance
and Credit Guarantee Corporation (DICGC) increased the insurance cover for depositors in insured banks from ₹1 lakh to:Solution
With a view to providing a greater measure of protection to depositors in banks, DICGC raised the limit of insurance cover for depositors in insured banks from the earlier level of ₹1 lakh to ₹5 lakh per depositor with effect from 04.02. 2020.
A company reports an EBIT (Earnings Before Interest and Tax) of ₹10,00,000. It incurs interest charges of ₹2,00,000. The company also pays a Prefere...
The acid-test (quick) ratio excludes:
If MOS = 50000 units and BE units are 35000, then what are the Budgeted Sales units?
Which of the following is typically excluded from EPS (earnings per share) basic calculation?
Refer the following summarized Balance Sheet of Roy Ltd. as on 31‐3‐2023:
A company has the following details:
• Net Profit: ₹12 lakh
• Equity: ₹60 lakh
• Debt: ₹40 lakh
• Interest: �...
Which of the following formulae correctly calculates the Operating Profit Margin?
A firm uses 70% debt financing at 10% interest. Its ROE rises despite flat operating profits. What explains this phenomenon?
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...
If Current Ratio is 2.5:1 and Working Capital is ₹1,50,000, what are Current Assets?
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