Question
The total sales of Bolero, Tata Indica and Baleno
together in 2017 is approximately what per cent of the total sales of Santro in all states together in 2017?Solution
Total sale of Bolero, Tata Indica and Baleno in 2017 = (22 + 35 + 60) = 117 Required % = (117/75) x 100 = 156%
Which one of the following is not regarded as Indirect material?
Read the following information to answer the below questions:Â
On 1st Jan, X Ltd. purchased 1,000 debentures of ₹100 each in Y Ltd. at ₹105 cum-interest. Interest is payable on 30th June and 31st Dec @12% p.a. O...
A company faces a lawsuit for patent infringement. Legal advisors state a 55% probability of losing with damages of ₹50 crore, but range could be ₹4...
What type of comparison involves assessing a company's financial ratios against its own historical performance?
A company issues 20,000 debentures where only 15,000 debentures are underwritten by Mr. X. After completion of the application process, the company foun...
Which of the following are an auditor’s objectives with regard to verification of assets?
(i)Â Assets exist
(ii) Assets belong to the c...
On 1st Jan, X Ltd. purchased machinery from USA for $50,000 when exchange rate was ₹75/$ = ₹37,50,000. At balance sheet date (31st March), rate = �...
Match the following:
The primary rule of double-entry book-keeping is:
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