Question
In a ward member election, a candidates secure 67% of
the votes and is elected by majority of 5100 votes. The total number of votes polled is?Solution
Let the total number of votes polled be N. ∵ (67% of N - 33% of N) =5100 ⇒ 34% of N = 5100 ∴ N = (5100 x 100)/34 = 15000
A company reports the following transactions for the year ended 31st March 2025:
• Equity Share Capital increased by ₹4,00,000 (including ₹...
According to the Companies Act which of the following statement is true regarding set-off against subsequent calls in a company when all creditors have ...
Journal entry for recording of bad debt expense is which one among the following?
Net Working Capital (NWC) is defined as:
Following data has been extracted from the records of BCG Ltd. Machine hours: 8,00,000 (Maximum), 3,00,000 (Minimum). Manufacturing Overheads (₹ in la...
Company XYZ has purchased a new machinery to expand its production capacity. This purchase of Fixed Asset will _________
In a manufacturing entity, the cost of abnormal waste is:
A company's interest coverage ratio (EBIT/Interest) is 3. If interest increases while EBIT unchanged, what happens to ratio and credit risk?
Calculate interest coverage ratio from the following:
Net Profit after tax = 120000, tax rate = 50%, long term debt @10% = 1500000
Net Profit = ₹12,00,000; No. of shares = 6,00,000; 12% preference dividend = ₹1,20,000. Compute Basic EPS.
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