Question
What does Dictum
mean?Solution
 It is a Latin phrase meaning "other things said", i.e., any statement or opinion made by a judge that is not required as part of the legal reasoning to make a judgment in a case.
The Debt-Equity Ratio is a measure of a company's:
If Current Ratio is 2.5:1 and Working Capital is ₹1,50,000, what are Current Assets?
Company A has a current ratio of 1.2:1 and quick ratio of 0.9:1. It also has significant inventory holding. What does this indicate about the company’...
A high Inventory Turnover Ratio, in comparison to industry average, may indicate:
Company A has a current ratio of 1.2:1 and quick ratio of 0.9:1. It also has significant inventory holding. What does this indicate about the company’...
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...
Two firms, Firm A and Firm B, are identical in all respects except their capital structure.
• Firm A (Unlevered): It is entirely equity finance...
Debt Service Coverage Ratio is calculated as:
Operating cycle: Raw material stock 45 days, WIP 15 days, Finished goods 30 days, Debtors 60 days, Creditors 30 days. Working capital requirement for sa...
A company’s debt-to-equity ratio increases from 1.5 to 2.5 over the year. What can be a likely interpretation?
