Question
A bag contains 18 black and 20 white balls. One ball is
drawn at random. What is the probability that the ball drawn is white?Solution
Let number of balls = (18 + 20) = 38 Number of white balls = 20 P (drawing a white ball) = 20/38 = 10/19
Net Working Capital (NWC) is defined as:
During the loan appraisal process at banks, the term CMA Report refers to which of the following?
A firm has the following details:
• Raw material holding: 25 days
• WIP: 15 days
• Finished goods: 20 days
• Receiva...
In insurance accounting, what is "unearned premium"?
NPV assumes reinvestment of the cash flows at:
Which is not an example of imputed cost
ABC Ltd. has current assets of ₹8 lakh and current liabilities of ₹5 lakh. It wants to maintain a current ratio of 2:1. How much current liability s...
The Companies Act 2013, contains ________.
Under which of the following accounting systems, real & nominal accounts are ignored?
Ind AS 7 deals with which of the following:
Relevant for Exams:
