An Asset is __________?

A: Sources of funds

B: Use of funds

C: Inflow of funds

D: None of these

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Use of funds

If a company revaluates its fixed assets, the current ratio of the company will:

A: Improve if assets are revalued upward

B: Remain unaffected

C: Improve if assets are revalued downwards

D: Undergo change only if liabilities are remaining constant

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Remain unaffected

If we were studying a sample of 100 students and their examination performance and if the standard deviation of the list of results was say 14, then we could calculated the standard error by ___________?

A: Dividing the square root of the number of items in the sample by the mean

B: Dividing standard deviation by number of items in the sample

C: Dividing the standard deviation by the square root of the number of items in the sample

D: We cannot calculate standard error on account of inadequacy of information

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We cannot calculate standard error on account of inadequacy of information

Which of the following statement is TRUE regarding debt?

A: Debt is an ownership interest in the firm.

B: Unpaid debt can result in bankruptcy or financial failur

C: Debt provides the voting rights to the bondholders.

D: Corporations payment of interest on debt is fully taxable.

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Unpaid debt can result in bankruptcy or financial failure.

A firm reports total liabilities of Rs. 300,000 and owners equity of Rs. 500,000. What would be the total worth of the firms assets?

A: Rs. 300,000

B: Rs. 500,000

C: Rs. 800,000

D: Rs. 1100,000

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Rs. 800,000

Which of the following measure reveals how much profit a company generates with the money shareholders have invested?

A: Profit Margin

B: Return on Assets

C: Return on Equity

D: Debt-Equity Ratio

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Return on Equity

If you have Rs. 850 and you plan to save it for 4 years with an interest rate of 10%, what will be the future value of your savings?

A: Rs. 1,000

B: Rs. 1,244

C: Rs. 1,331

D: Rs. 1,464

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Rs. 1,244

In case of international business which of the given factor(s) must be considered?

A: Role of foreign exchange

B: Balance of payments

C: Attitude of Governments

D: All of the given options

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All of the given options

Which of the following refers to the difference between the sale price and cost of inventory?

A: Net loss

B: Net worth

C: Markup

D: Markdown

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Markup

Who of the following make a broader use of accounting information?

A: Accountants

B: Financial Analysts

C: Auditors

D: Marketers

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Financial Analysts

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