Question
Read the following statements and conclusions
carefully. Assuming the information given in the statements is true, even if it appears to be at variance with commonly known facts, decide which of the given conclusions logically follow(s) from the statements. Statements: Some Joker are Circus. Some Rope are Circus. All Rope are Toy. Conclusions: I. Some Toy are Rope. II. Some Joker are Toy. III. Some Circus are Toy.Solution
All Rope are Toy (A) → Conversions → Some Toy are Rope (I). Hence conclusion I follows. Some Rope are Circus (I) + [Some Joker are Circus (I) → Conversion] → Some Circus are Joker (I) → No conclusion. Hence conclusion II does not follow. Some Rope are Circus (I) → Conversions → Some Circus are Rope (I) + All Rope are Toy (A) → Some Circus are Toy (I). Hence conclusion III follows.
Which of the following is shown under investing activities in the cash flow statement ?
Which of the following is a reason to prepare consolidated financial statements?
Classify the following under the respective head in balance sheet:
Items:
I. Current maturities of long-term debt
According to the Modigliani-Miller (MM) theory (ignoring taxes), what is the impact of debt on the value of a firm?
How many indicators are included in the updated Panchayat Advancement Index (PAI) 2.0 framework?
For a given product, the sales of a company @ ₹ 200 per unit is ₹ 20,00,000. Variable cost is Rs 12,00,000 and fixed cost is ₹ 6,00,000. The capac...
Which of the following is not part of working capital?
If two mutually exclusive investment projects have identical payback periods but generate different total cash inflows over their respective lifespans, ...
Which method is used to account for foreign currency transactions at initial recognition under Ind AS 21?
In the context of securities issuance, 'Green Shoe Option' allows the underwriter to:
Relevant for Exams:
