Question
Who Honoured with Pravasi Bhartiya Samman
?Solution
An Indian-American Raj Subramaniam, President and Chief Executive Officer (CEO) of FedEx Corporation, the world’s largest express transportation company, has been awarded the Pravasi Bharatiya Samman Award 2023
A firm uses 70% debt financing at 10% interest. Its ROE rises despite flat operating profits. What explains this phenomenon?
Refer the following summarized Balance Sheet of Roy Ltd. as on 31‐3‐2023:
A high Inventory Turnover Ratio, in comparison to industry average, may indicate:
A firm has EBIT ₹2,50,000 and interest expense ₹50,000. Interest coverage ratio (EBIT/Interest) is:
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 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...
Current ratio = 1.5 and current assets = ₹3,00,000. Current liabilities are:
A firm’s EBIT is ₹20 lakh and interest is ₹5 lakh. What is interest coverage ratio?
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...
A company’s Profit before tax for the year is ₹6,00,000. Depreciation charged is ₹50,000. During the year, trade debtors increased by ₹40,000 an...
Relevant for Exams:
