Question
Statements:Â Only a few Classmate are
Navneet. Only a few Navneet are Luxor. All Luxor are Unigo. Some Luxor are not Camlin. Conclusions: I. All Classmate can be Journal. II. All Unigo can be Camlin. III. Some Navneet are not Luxor. In the question below are given four statements followed by three conclusions numbered I, II and III. You have to take the given statements to be true even if they seem to be at variance with commonly known facts. Read all the conclusions and then decide which of the given conclusions logically follows from the given statements disregarding commonly known facts.Solution
Alternative Method: Only a few Classmate are Navneet → Some Classmate are Navneet (I) and Some Classmate are nor Navneet (O). Hence conclusion I does not follow. All Luxor are Unigo (A) → Conversion → Some Unigo are Luxor (I) + Some Luxor are not Camlin (O) → No conclusion. Hence conclusion II does not follow. Only a few Navneet are Luxor → Some Navneet are Luxor (I) and Some Navneet are nor Luxor (O). Hence conclusion III follows
Sales = ₹200 lakhs, Variable cost = ₹120 lakhs, Fixed cost = ₹30 lakhs
Interest = ₹10 lakhs
Calculate (i) Operating Leverage and (...
A high Inventory Turnover Ratio indicates:
Which of the following is a useful liquidity metric for short-term creditors?
A firm evaluates two projects with identical expected cash flows, but Project A has higher variability. If the firm is risk-averse, what would be its de...
A firm uses 70% debt financing at 10% interest. Its ROE rises despite flat operating profits. What explains this phenomenon?
A firm’s gross profit is ₹50 lakh, sales are ₹2 crore. What is its gross profit margin?
A company refinances a short-term loan (due in 4 months) after the balance sheet date but before the financial statements are authorised. Management arg...
Which of the following formulae correctly calculates the Operating Profit Margin?
XYZ Ltd. is a medium-sized manufacturing company. Its summarized Balance Sheet and additional financial information for the year ended 31st March 2024 a...
While preparing cash flow statement, an entity (other than a financial institution) should disclose the dividends received from its investment in shares...