Question
If the ratio of the sum invested and simple interest
received after 1 year is 25:14 respectively, then find the rate of interest.Solution
Let the sum invested and simple interest received be Rs.25x and Rs.14x respectively. Let the rate of investment be r% p.a. Therefore, {(25x x 1 x r)/100} = 14x => r = 56%
A project has IRR of 13%. Bank’s cost of funds is 8% and risk premium required is 4%. What is the correct credit decision?
A new project has total cost ₹200 crore. Promoter proposes equity ₹30 crore, unsecured loans from group ₹20 crore, and term loans ₹150 crore. Ba...
NMO Inc has the following accounting information
Current Assets at the beginning of a year = Rs 580
Current Assets at the end of a yea...
A borrower submits stock of ₹100 crore and debtors of ₹60 crore. Audit reveals slow-moving stock of ₹35 crore and debtors over 180 days of ₹25 c...
Which of the following accounting concept is the same as the accrual concept?
A large borrower shows acceptable ratios, adequate security, but repeated governance issues, frequent management changes and adverse audit remarks over ...
……………….. is the order size that minimizes the sum of ordering and holding costs related to raw material inventories
... Interest paid on Debentures will come in which of the following activities in the Cash Flow Statement?
A company reported net profit before tax of Rs.36,100. It has raised debt capital of Rs.250,000 through 13% debentures. What is the interest coverage ra...
Refer to the following Data.
Balance Sheet Amount (Rs.) Fixed Assets 3,00,000 Cash 60,000 Inventory 40,000 Total Assets 4,00,000Â Â Â Share Cap...