Question
In a lottery, there are 10 prizes and 25 blanks.
A lottery is drawn at random. What is the probability of getting a prize?Solution
P (getting a prize) = 10/(10 + 25) = 10/35 = 2/7
In MS Excel, the function =PMT(rate, nper, pv) is used to calculate the:
Which computer application is most directly associated with automating the procure-to-pay cycle in an organization?
What does section 6 of the Income Tax Act deal about?
Which of the following is not regarded as advantage of computerized accounting system?
Money market is a market for ___ (1) ___ funds having maturity of ___ (2) ___.
A provision for onerous contract is:
ABC Ltd. reports two inventory items: Item A – Cost ₹10 lakh, NRV ₹12 lakh; Item B – Cost ₹8 lakh, NRV ₹6 lakh. How should inventory be valu...
A private company wants to issue shares to selected individuals through a private placement. Which section of the Companies Act, 2013 governs this process?
What are the major challenges an organisation may encounter when implementing budgetary control?
EBIT = ₹5,00,000; Interest = ₹50,000; Preference dividend = ₹25,000; Tax = 30%. Compute Financial Leverage.
