Question
Present age of βPβ is 60% more than that of βQβ.
8 years ago, βPβ was twice as old as βQβ. Find the present age of βQβ.Solution
Let the present age of βQβ be βxβ years
Therefore, present age of βPβ = 1.6x years
ATQ;
(1.6x β 8) = 2 Γ (x β 8)
Or, 1.6x β 8 = 2x β 16
Or, 8 = 0.4x
Or, x = 20
Therefore, present age of βQβ = 20 years
Which of the following items cannot normally be reduced to generate short-term internal funds for a company?
Which of the following directors is NOT appointed by the Board of Directors?
Which among the following profitability level is the profit from which the fixed costs are to recovered first to arrive at the profit?
A CGU comprises back-office software (finite life) and a customer list (indefinite life). Recoverable amount is below carrying amount due to regulatory ...
Which financial statement helps in assessing liquidity and solvency?
If companyβs cash conversion cycle decreases, what likely happened?
Which of the following statements is true?
Which ICDS deals with Accounting Policies?
A budget that includes planned sales, production levels, and costs is called the:
The portion of the uncalled capital, which can be called only at the time of winding up of the company, is known as:
Relevant for Exams:
