Question
A man invested ₹50,000 in a business. After 6 months,
another partner joined with ₹80,000. At the end of the year, the total profit was ₹60,000. Find the share of the first partner in the profit.Solution
First partner’s capital: ₹50,000 for 12 months = 50,000 × 12 = 6,00,000. Second partner’s capital: ₹80,000 for 6 months = 80,000 × 6 = 4,80,000. Ratio = 6,00,000:4,80,000 = 5:4. Share of first partner = (5/9) × 60,000 = ₹33,333. Correct option: d
Sales = ₹200 lakhs, Variable cost = ₹120 lakhs, Fixed cost = ₹30 lakhs
Interest = ₹10 lakhs
Calculate (i) Operating Leverage and (...
A high Inventory Turnover Ratio indicates:
Which of the following is a useful liquidity metric for short-term creditors?
A firm evaluates two projects with identical expected cash flows, but Project A has higher variability. If the firm is risk-averse, what would be its de...
A firm uses 70% debt financing at 10% interest. Its ROE rises despite flat operating profits. What explains this phenomenon?
A firm’s gross profit is ₹50 lakh, sales are ₹2 crore. What is its gross profit margin?
A company refinances a short-term loan (due in 4 months) after the balance sheet date but before the financial statements are authorised. Management arg...
Which of the following formulae correctly calculates the Operating Profit Margin?
XYZ Ltd. is a medium-sized manufacturing company. Its summarized Balance Sheet and additional financial information for the year ended 31st March 2024 a...
While preparing cash flow statement, an entity (other than a financial institution) should disclose the dividends received from its investment in shares...