Question
A sofa of MRP 450 is available in Rs.90 cash down
payment and 9 monthly equal installment of Rs.45 each. Find the rate of interest per annum.Solution
Total interest = 90 + 45 x 9 – 540 = Rs. 45 45 = (360 + 315 + 270 + 225 + 180 +…. + 45) x R x 1/ (12 x 100) 45 = 1620 x R/1200 100 = 3R R = 100/3 %
Current ratio = 1.5 and current assets = ₹3,00,000. Current liabilities are:
Two firms, Firm A and Firm B, are identical in all respects except their capital structure.
• Firm A (Unlevered): It is entirely equity finance...
For knowing the cash (liquidity) position of a company which of the ratio will be used?
A company reports an EBIT (Earnings Before Interest and Tax) of ₹10,00,000. It incurs interest charges of ₹2,00,000. The company also pays a Prefere...
Refer the following summarized Balance Sheet of Roy Ltd. as on 31‐3‐2023:
A firm uses 70% debt financing at 10% interest. Its ROE rises despite flat operating profits. What explains this phenomenon?
Champion Ltd. define following data for calculating Current Ratio:
Current Assets Rs.20,00,000 ,
Inventories Rs.10,00,000 ,
Working Capital Rs.12, 00,000.
The ratio that measures the percentage of profit earned on sales before interest and tax is:
Which of the following is typically excluded from EPS (earnings per share) basic calculation?
A company has the following: Sales ₹10,00,000; Variable cost 60% of sales; Fixed cost ₹1,20,000. Contribution margin = ? Break-even sales = ?
