Profit maximization may lead to better and efficient utilization of the recourses only when there is -----------

Related MCQs

• Profit Maximization is the main objective of business because:
• Profit maximization includes ---------------------
• A firm has Capital of 10,00,000; Sales of 5,00,000; Gross Profit of . 2,00,000 and Expenses of . 1,00,000. What is the Net Profit Ratio?
• A firm has a capital of Rs. 10 lakhs, sales of Rs. 5 lakhs, gross profit of Rs. 2 lakhs and expenses of Rs. 1 lakh. The Net Profit Ratio is:
• You're given the gross profit margin, which is 20%, and the gross profit (GP), which is Rs. 54000. Find the sales amount.
• Gross Profit Ratio for a firm remains same but the Net Profit Ratio is decreasing. The reason for such behavior could be:
• The term “Operating Profit” means profit before __________________.
• The gross profit margin is unchanged, but the net profit margin declined over the same period. This could have happened if
• If there is over capitalization in the company, the redemption of debenture can lead to---------------
• A firm has inventory turnover of 6 and cost of goods sold is 7,50,000. With better inventory management, the inventory turnover is increased to 10. This would result in: