Question
Which among these factors are considered by the
insurance companies to calculate the premium of car insurance policies?Solution
Most of the insurance companies like National General Insurance use the following factors to calculate the premium: IDV, Year of manufacturing, Cubic capacity, Geographical location, No Claim Bonus (NCB)
All its JV IT Ltd has total current assets worth ₹9,00,000, of which inventory is ₹2,00,000. Current liabilities stand at ₹5,60,000. What will be ...
A firm reports the following data over two years:
Assuming no ...If a firm has Net Profit of ₹1,20,000, Sales of ₹24,00,000 and Equity Shareholder's Fund of ₹6,00,000, what is the Return on Equity (ROE)?
A company took a term loan of Rs.50 lakh from the bank in December 2025. If the loan has to be repaid in 5 equal yearly instalments starting from Decemb...
Which of the following is likely to increase the trade receivables collection period?Â
GH Ltd took a term loan of Rs.24 crore for a period of 20 years to be repaid in equal annual instalments. The interest is 10% p.a. on reducing balance. ...
The ratio of a firm’s property, plant, and equipment, net of accumulated depreciation, to its annual depreciation expense is an estimate of:
If the Operating Ratio of a firm is 80% and Net Sales are ₹200 lakh, what is the Operating Profit?
A holding company is required to prepare consolidated financial statements. The financials of which of the following will be includes in the consolidate...
SDF Ltd recorded Net Sales of ₹10,00,000 during the year. Its Gross Profit was ₹2,50,000. If the inventory of the company at the end of the year was...
