Financial Questions and Answers
Practice ModeShowing 10 of 100 questions
Q51
According to Balance Sheet equation concept, the capital will be-
Answer: Option C
Q52
In common size Balance Sheet analysis we evaluate-
Answer: Option D
Q53
Increase in fixed asset due to purchase is-
Answer: Option C
Q54
For the purpose of preparation of fund flow statement, fund means-
Answer: Option D
Q55
The following data, relates to manufacturing company for the year 2006-07-
Net Profit as per P & L A/c-Rs. 2,40,000; Depreciation-Rs. 80,000; Goodwill written-off-Rs. 40,000, Profit on Sale of
Fixed Assets-Rs. 16,000, Proposed Dividend-Rs. 96,000. The fund from operation would be-
Answer: Option D
Q56
Total sales is Rs. 7,60,000, cash sales Rs. 30,000 collection period is 25 days, debtors at Balance Sheet date will be-
Answer: Option D
Q57
Price earning ratio is 83•33% and E.P.S. is Rs. 30. The market price of equity share will be-
Answer: Option D
Q58
If the current ratio is 2, current assests are worth Rs. 1,600, if current ratio is not allowed to fall below 1•5, how much additional can be borrowed by the company on the short term basis ?
Answer: Option A
Q59
Rate of Gross Profit on cost is 25%. Total sales is Rs. 1,00,000 and Average Stock is Rs. 1,60,000. Stock Turnover Ratio will be-
Answer: Option A
Q60
Average stock of firm is Rs. 80,000, the opening stock is Rs. 10,000 less than closing stock. Find opening stock.
Answer: Option D