If Opening Stock is Rs. 10,000, Net Purchases Rs. 70,000, Wages Rs. 2,500, Carriage inward Rs. 500 and closing Stock Rs. 15,000, what is the Manufacturing Cost?
Anonymous Quiz
14%
Rs. 65,000
32%
Rs. 83,000
45%
Rs. 68,000
9%
Rs . 73000
What does a high payout ratio indicate?
Anonymous Quiz
29%
A High Earning Per Share (EPS)
38%
The management is not ploughing back enough profit.
24%
The management is ploughing back profit.
10%
The company is earning high profit.
Which one of the following statements is true?
Anonymous Quiz
5%
Capital expenditure does not affect the profitability of a concern but revenue expenditure does.
32%
Capital expenditure affects the profitability of a concern directly but revenue expenditure does not
42%
Capital exp affects the profitability of a concern indirectly but revenue exp affects directly
21%
Both capital expenditure and revenue expenditure affect the profitability of a concern directly.
X and Y are partners in a firm sharing profits in the ratios of 2: 1. Z is admitted with a 1/3 profit sharing. What will be the new profit sharing ratio of X, Y and Z?
Anonymous Quiz
13%
3:3:3
31%
4:3:2
56%
4:2:3
0%
2:3:4