Question
Select the option in which the numbers are not related
in the same way as are the number of the following set. (5, 12, 180)Solution
In (5, 12, 180) → 5 ˣ 12 = 60; 60 ˣ 3 = 180
In option (1): (6, 15, 270) → 6 ˣ 15 = 90; 90 ˣ 3 = 270
In option (2): (8, 11, 264) → 8 ˣ 11 = 88; 88 ˣ 3 = 264
In option (3): (10, 13, 390) → 10 ˣ 13 = 130; 130 ˣ 3 = 390
In option (4): (5, 19, 284) → 5 ˣ 19 = 95; 95 ˣ 3 = 285
A company’s inventory turnover ratio is 8. If average inventory is ₹2,50,000, annual cost of goods sold is:
An insurance company invests a large portion of its funds into corporate bonds rated BBB. After a sudden downgrade to junk status, the insurer faces los...
'Take-or-Pay' contracts are commonly used in infrastructure project financing to mitigate which risk?
The capital brought into the business is recorded in the capital account. As per the accounting process, what type of a ledger account is Capital account?
For NPAs with an outstanding balance of ₹5 crore and above, which of the following measures has been made mandatory to improve stock valuation reliabi...
A company has a standard direct material cost of ₹10 per unit. Actual cost incurred was ₹12 per unit for 1,000 units. 950 units were actually produc...
A firm’s current ratio is 1.5:1 and quick ratio is 1.5:1. What does it suggest about inventory?
The main objective of cost accounting is _______.
An independent director can be appointed for a consecutive term of ______
