Let the monthly salary of the man be Rs. ‘x’. Money spent on rent and transportation = (22 + 14)% of x = Rs. 0.36x Remaining money = (x – 0.36x) = Rs. 0.64x Money spent on food and entertainment = (27 + 42)% of 0.64x = Rs. 0.4416x Remaining money left = 0.64x – 0.4416x = 0.1984x So, 0.1984x = 3571.20 x = Rs. 18000
As per which accounting concept an asset should be valued at ‘Lower of net realizable value’ or ‘Fair value’ ?
Which of the following is not a feature of a primary market?
CAAT stands for _________
Under the revised bulk deposit guidelines for UCBs, Tier 3 and Tier 4 UCBs are allowed to raise bulk deposits only above a specific threshold. What con...
Digital Ledger technology (DLT) is also known as?
Determine the Economic Batch Quantity (EBQ) for the following data:
Annual requirement of parts: 36,000 units
Inventory holding cost: 20% ...
Which of the following is/are characteristics of a Public good?
1)Non-excludability
2)Non rival Consumption
3)Non rejectable
...A prerequisite for establishment of an effective risk management system is the existence of a robust _____
Which of the following organizations is responsible for the development and management of GIFT City?
1) Securities and Exchange Board of...
Which of the following best describes a "bulge bracket" investment bank?
