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Financial State...

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  • Question 1
    1 / -0

    Sec. 182 of 'New Companies Act 2013' describes the provisions regarding ________________________.

  • Question 2
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    According to the provisions of Companies Act, 2013, the limit of yearly remuneration payable to a managerial person of a company having the effective capital of Rs. 25 crores shall not exceed _____________.

  • Question 3
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    The 'Abnormal Loss' on consignment is credited to _____________.

  • Question 4
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    Directions For Questions

    Total assets employed     -   $$8,00,000$$
    \frac{1}{2} of the assets are financed by a loan at an interest rate of $$16\%$$
    direct cost for the year     $$4,80,000$$
    operating expenses           $$80,000$$
    goods will be sold to customers at $$150\%$$ of the direct cost
    Income tax rate   -  $$50\%$$

    ...view full instructions

    The interest paid during the year is __________.

  • Question 5
    1 / -0

    Directions For Questions

    Total assets employed     -   $$8,00,000$$
    \frac{1}{2} of the assets are financed by a loan at an interest rate of $$16\%$$
    direct cost for the year     $$4,80,000$$
    operating expenses           $$80,000$$
    goods will be sold to customers at $$150\%$$ of the direct cost
    Income tax rate   -  $$50\%$$

    ...view full instructions

    Assets turnover is ___________.

  • Question 6
    1 / -0

    Directions For Questions

    Total assets employed     -   $$8,00,000$$
    \frac{1}{2} of the assets are financed by a loan at an interest rate of $$16\%$$
    direct cost for the year     $$4,80,000$$
    operating expenses           $$80,000$$
    goods will be sold to customers at $$150\%$$ of the direct cost
    Income tax rate   -  $$50\%$$

    ...view full instructions

    Calculate net profit margin ________.

  • Question 7
    1 / -0

    Directions For Questions

    Capital structure of a company is 7%

    ...view full instructions

    The cover for ordinary dividend is _____________.

  • Question 8
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    Which of the following is true about financial statements:
    a. Financial statements gives a summary of accounts.
    b. Financial statements can be stated as recorded facts.

  • Question 9
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    Directions For Questions

    Capital structure of a company is 7%

    ...view full instructions

    Earning yield is ___________.

  • Question 10
    1 / -0

    Financial statements are prepared on the basis of facts in the form of cost data recorded in the ______ period.

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