762. In the balance sheet amount of total assets is Rs.10 lac, current liabilities Rs.5 lac & capital & reserves are Rs.2 lac .What is the debt equity ratio?
1;1
1.5:1
2:1
none of the above
Correct answer: (D) none of the above
763. Current ratio is 4:1.Net Working Capital is Rs.30,000.Find the amount of current Assets.
Rs.10,000
Rs.40,000
Rs.24,000
Rs.6,000
Correct answer: (B) Rs.40,000
764. The ideal quick ratio is
2:1
1:1
5:1
None of the above
Correct answer: (B) 1:1
765. Trading & Profit & loss account and balance sheet is prepared from
Ledger balance
Cash and bank balances
Cash book and bank book
Trial Balance
Correct answer: (D) Trial Balance
766. Financial decision involve;
Investment, financing and dividend decision
Investment, financing and sales decision
Financing, dividend and cash decision
None of these
Correct answer: (A) Investment, financing and dividend decision
767. ______________ are an estimate of a firm's future income and expenses, based on its past performance, its current circumstances, and its future plans.
Financial statements
Profitability statements
Statements of cash flow
Forecasts
Correct answer: (D) Forecasts
768. Which of the followings is return paid to shareholders out of profit of a company?
Profit
Dividend
Bonus shares
Ex-gratia
Correct answer: (B) Dividend
769. A portion of profits, which a company distributes among its shareholders, is known as: