MNP Inc has a gross profit of Rs 75000 on a sale of Rs 350000. The balance sheet shows average total assets of Rs 200000 with an average inventory of Rs 50000, MNP’s total asset turnover and inventory turnover are closest to:
Assets Turnover Inventory Turnover
a) 1.5 times 3.5 times
b) 1.75 times 5.5 times
c) 2 times 5 times
d) 1.75 times 5 times
e) 2 times 5.5 times
Total Assets Turnover = Sales/Total Assets 350000/200000 = 1.75 times Inventory Turnover = COGS /Average Inventory COGS = 350000-75000 = 275000 275000/50000 = 5.5 times
As per Section 27 of Companies Act 2013, any ariation in prospectus is to be approved by _______
NCLAT is constituted under which section of the Companies Act?
No allotment of any securities of a company offered to the public for subscription shall be made unless the amount stated in the _______ as th...
A company has to transfer the unclaimed dividend to which account?
Differences between verbal and nonverbal communication include?
i. Verbal communication is multichanneled; nonverbal communication is single-cha...
The appointment of Directors is to be approved by company in ____
Appointment of Auditors in case of government companies by CAG is given under which section of Companies Act, 2013?
The President of NCLT and Chairperson of NCLAT is to be appointed in consultation with _______
In case where such dividend remained unpaid or unclaimed within _______ from the date of declaration, the amount is transferred to ‘Unpaid Dividend Ac...
