Question
Seven students of a coaching centre, Param, Qazi, Ravi,
Suresh, Tanvir, Uday and Varsha, have obtained different percentages. Param scored the second – highest percentage in the center. The percentage scored by Varsha was more than only one person. Suresh’s percentage was more than Tanvir’s but less than Param’s. Three people got more percentage than Tanvir and three got lesser than Tanvir. Neither Ravi nor Qazi received the lowest percentage. Whose percentage was the lowest?Solution
The correct answer is C
A company has the following balances on its Balance Sheet:
• Cash & Bank Balances: ₹2 crore
• Trade Receivables: ₹4 crore
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Refer the following summarized Balance Sheet of Roy Ltd. as on 31‐3‐2023:
A company has Current Assets = ₹6,00,000; Current Liabilities = ₹3,00,000; Inventory = ₹1,50,000. Calculate Quick Ratio.
Two firms, Firm A and Firm B, are identical in all respects except their capital structure.
• Firm A (Unlevered): It is entirely equity finance...
While preparing cash flow statement, an entity (other than a financial institution) should disclose the dividends received from its investment in shares...
The following data is provided for XYZ Ltd:
• Current Assets: ₹15,00,000
• Inventory: ₹5,00,000
• Current Liabilities: �...
What is MIBOR?
Sales = ₹200 lakhs, Variable cost = ₹120 lakhs, Fixed cost = ₹30 lakhs
Interest = ₹10 lakhs
Calculate (i) Operating Leverage and (...
A company has Net Sales of ₹1,000 lakhs, Net Profit of ₹80 lakhs, Total Assets of ₹750 lakhs, and Equity of ₹250 lakhs.
Calculate Return ...
A company has:
• Net profit after tax: ₹60 lakh
• Depreciation: ₹30 lakh
• Interest on term loan: ₹30 lakh
• T...