Question
Abstraction in OOP primarily focuses
on:Solution
Answer: b) Hiding implementation details and showing only essential features.
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...
What is MIBOR?
Two firms, Firm A and Firm B, are identical in all respects except their capital structure.
• Firm A (Unlevered): It is entirely equity finance...
Which statement is incorrect in the context of comparative financial analysis?
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...
The preparation of a trial balance is for:
A company’s gross profit margin remains stable, but its net profit margin shows significant fluctuations year over year. The finance team wants to inv...
Refer the following summarized Balance Sheet of Roy Ltd. as on 31‐3‐2023:
For knowing the cash (liquidity) position of a company which of the ratio will be used?
The acid-test (quick) ratio excludes: