Question
Following information has been provided by a contractor
for the year ending 31-3-2020. (a) Total expenditure till 31-3-2020 is Rs. 5,000. (b) Work certified till 31-3-2020 is Rs. 7,500. (c) Estimated further expenditure to compete the contract will be Rs. 3,000. (d) Contract Price is Rs. 11,000. Find out estimated profit of the contract.Solution
The correct answer is B
A firm’s balance sheet shows:
• Current assets: ₹400 lakh
• Current liabilities: ₹250 lakh
• Inventory: ₹100 lakh
...A company is evaluating its debt-equity mix. It observes that increasing debt reduces overall cost of capital up to a point, but beyond that the cost of...
XYZ Ltd. is a medium-sized manufacturing company. Its summarized Balance Sheet and additional financial information for the year ended 31st March 2024 a...
A company has a Current Ratio of 3:1. If it pays a current liability of ₹50,000, what will be the effect on the Current Ratio?
XYZ Ltd. has the following details: Equity Share Capital = ₹50 lakhs, Reserves = ₹20 lakhs, Long-term Debt = ₹30 lakhs. EBIT for the year is ₹18...
The ratio that measures the efficiency of total assets usage is:
The ratio that measures the percentage of profit earned on sales before interest and tax is:
Which of the following appears on the Balance Sheet?
Two firms, Firm A and Firm B, are identical in all respects except their capital structure.
• Firm A (Unlevered): It is entirely equity finance...
Refer the following summarized Balance Sheet of Roy Ltd. as on 31‐3‐2023:
Relevant for Exams:
