691. Which of the following helps analysing return to equity Shareholders?
Return on Assets
Earnings Per Share
Net Profit Ratio
Return on Investment
Correct answer: (B) Earnings Per Share
692. In the Balance sheet of a firm,the debt equity ratio is 2:1.The amount of long term sources is Rs.12 lac.What is the amount of tangible net worth of the firm?
Rs.12 lac
Rs.8 lac
Rs.4 lac
Rs.2 lac
Correct answer: (B) Rs.8 lac
693. In last year the current ratio was 3:1 and quick ratio was 2:1. Presently current ratio is 3:1 but quick ratio is 1:1.This indicates comparably
695. If a firm sold stock on credit then which of the following would be the result ?
Acid Test Ratio increases
Acid test ratio decreases
Current ratio decreases
Current ratio increases
Correct answer: (B) Acid test ratio decreases
696. The ability of a firm to convert an asset to cash is called ______________.
Liquidity
Solvency
Return
Marketability
Correct answer: (A) Liquidity
697. ______________ capital structure means an ideal combination of borrowed and owned capital that may attain the marginal goal.
Preference share
Optimum
Equity
Debt
Correct answer: (B) Optimum
698. The appropriate objective of an enterprise is:
Maximisation of sale
Maximisation of owners wealth
Maximisation of profits
None of these
Correct answer: (B) Maximisation of owners wealth
699. A financial statement is an:
Written report that quantitatively describes a firm's financial health
Set of ratios which depict relationships between a firm's financial Items
Itemized forecast of a company's income, expenses, and capital Needs
Estimate of a firm's future income and expenses
Correct answer: (A) Written report that quantitatively describes a firm's financial health
700. A firm's ______________ reflects the results of its operations over a specified period and shows whether it is making a profit or is experiencing a loss