Question
Statements: R ≥ T < U = V > W ≥ X, S < X > Y >
Z Conclusions: I. U > S II. T > Z In the following question the relationship between different elements are given in the statements followed by two conclusions I and II. Read the statements carefully and mark your answer accordingly.Solution
R ≥ T < U = V > W ≥ X > S                         U > S. Hence conclusion I is true. R ≥ T < U = V > W ≥ X > Y > Z                   No relationship cab be established between T and Z. Hence conclusion II is not true.
A company redeems preference shares of ₹5,00,000 at par out of fresh equity issue of ₹3,00,000 and balance from profits. Securities Premium balance ...
As per RBI’s External Benchmark Based Lending framework, how frequently must the interest rate linked to an external benchmark be reset?
From the following details, calculate interest coverage ratio:
Net Profit after tax Rs. 60,000; 15% Long-term debt 10,00,000; and Tax rate= 40%
Which item is recorded as a non-cash transaction?
SA 500 refers to:
The expired portion of capital expenditure is shown in the financial statements as:
The cost element that remains constant per unit but varies in total with the level of production is a:
Holding cash for transaction motive is:
Which of the following are an auditor’s objectives with regard to verification of assets?
(i)Â Assets exist
(ii) Assets belong to the c...
Net Profit = ₹12,00,000; No. of shares = 6,00,000; 12% preference dividend = ₹1,20,000. Compute Basic EPS.