Question
The famous horse racing event ‘The Melbourne Cup’
2022 will be held in Victoria, Australia on which of the following month?Solution
This event will be held in Victoria, Australia on 1st November, 2022. This tournament is being organized by Victoria Racing Club in which horses of three years or more age can participate. In the event the winner will receive $4.4 million followed by $1.1 million and third $550,000, fourth $350,000, fifth $230,000 and sixth to 12th $160,000. The Jockeys will receive around 3 % of the prize money and a miniature Melbourne Cup trophy worth $10,000.
A firm's debt = ₹8,00,000 and equity = ₹12,00,000. Debt-equity ratio is:
A company has the following details:
• Net Profit: ₹12 lakh
• Equity: ₹60 lakh
• Debt: ₹40 lakh
• Interest: �...
The ratio that measures the percentage of profit earned on sales before interest and tax is:
A firm’s gross profit is ₹50 lakh, sales are ₹2 crore. What is its gross profit margin?
 Which of the following is not a tool of financial statement analysis?
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A company’s Balance Sheet shows the following figures:
• Current Assets amounting to ₹12,00,000, which include an Inventory balance of ₹3...
Current ratio = 1.5 and current assets = ₹3,00,000. Current liabilities are:
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 high Inventory Turnover Ratio, in comparison to industry average, may indicate:
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