Which of the following principles of Insurance denotes insurance of same subject matter with two different companies or with the same company under two different policies?
Situation in which the same risk is insured by two overlapping but independent insurance policies. It is lawful to obtain double insurance, and the insured can make claim to both insurers in the event of a loss because both are liable under their respective polices. The insured, however, cannot profit (recover more than the loss suffered) from this arrangement because the insurers are law bound only to share the actual loss in the same proportion they share the total premium. Also called dual insurance
Which of the following formulae correctly calculates the Operating Profit Margin?
Refer the following summarized Balance Sheet of Roy Ltd. as on 31‐3‐2023:
If MOS = 50000 units and BE units are 35000, then what are the Budgeted Sales units?
Ratio of net profit before interest and tax to sales is:
Refer the following summarized Balance Sheet of Roy Ltd. as on 31‐3‐2023:
Refer the following summarized Balance Sheet of Roy Ltd. as on 31‐3‐2023:
What is MIBOR?
Refer the following summarized Balance Sheet of Roy Ltd. as on 31‐3‐2023:
Refer the following summarized Balance Sheet of Roy Ltd. as on 31‐3‐2023:
What does the Basic Defense Interval ratio measure?