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Now let's evaluate the conclusions: I. L ≥ K: Since L is greater than or equal to M, and K is less than or equal to M, it's true that L is greater than or equal to K. So, Conclusion I is true. II. N < K: Given that M is greater than or equal to N and K is less than or equal to M, it's possible that N is less than K, but it's also possible that N equals K (if K = M). Therefore, Conclusion II is not necessarily true. So, the correct answer is option 1. Only I is true.
Which of the following are not a part of liquid assets/quick assets
‘Global Financial Stability Report’ is prepared by the :
RST Ltd’s has the following information
Sales = 300000
Cost of Goods Sold = Rs 140000
Pre-Interest Operating Expenses = Rs 300...
What is the full form of CMA Report in terms of appraisal process at banks
Under the defined contribution plan, the amount of pension on retirement is dependent upon which of the following factors?
If H Ltd. Is subject to an effective income tax rate of 40%, the number of units H Ltd. Would have to sell to earn an after-tax profit of 90,000 is:
Arvind Ltd is trying to ascertain its efficiency and calculates the accounts receivable turnover ratio. The ratio is higher in FY21 as compared to FY20...
Which of the following is the best explanation of the relevance of equivalent production units in process costing?
Which of the following principle applies when Provision for Doubtful Debts is required to be maintained in the books of accounts?
An increase in the Bank Rate generally indicates that the :