Question
In a certain code language, ' SERVICES’ is coded as
'92' and ' DEMAND' is coded as '35'. How will ' ECONOMY' be coded in that language?Solution
The logic followed here is as follows: The word is coded as the difference between the sum of the place value of all the letters (as per the English Alphabetical series) and the number of letters in the word. SERVICES = (19 + 5 + 18 + 22 + 9 + 3 + 5 + 19) – 8 = 100 – 8 = 92. DEMAND = (4 + 5 + 13 + 1 + 14 + 4) – 6 = 41 – 6 = 35. ECONOMY = (5 + 3 + 15 + 14 + 15 + 13 + 25) – 7 = 90 – 7 = 83.
If a company decides to relax its credit policy in order to increase sales, which of the following outcomes is a potential negative financial consequence?
A company uses Raw material A to manufacture finished goods, price of the raw material A is on the decline. The finished goods in which the raw materia...
Where to show Share application money received in excess of issued share capital?
XYZ Ltd has the following financial data:
• Inventory Holding Period: 90 days
• Receivables Collection Period: 60 days
• Paya...
According to the decision given in the case of Garner vs. Murray, solvent partners have to bear the loss due to insolvency of a partner and have to cate...
When a stressed loan is sold or transferred by a lender to an Asset Reconstruction Company (ARC) at a price below its Net Book Value (NBV), what account...
Calculate net working capital?
Current investments are carried at:
A company has average account receivables of Rs 120000 and annual credit sales of Rs 600000, Calculate the average collection period (assume number of d...
The lower a manager is in the organisational hierarchy, the more important his/her _______ skills are