Depreciation is applied to non-current assets in the statement of financial position in order to

Related MCQs

• In what order should current assets be present on a statement of financial position?
• Which of the following financial statements is also known as a statement of financial position?
• What is formula of Capital employed? I)Shareholder's Funds+Non Current Liabilities II)Total Assets-Current Liabilities III)Non Current Assets-Working capital IV)Total Assets-Total Liabilities
• The statement of changes in financial position prepared to determine only the sources and uses of working capital between two dates of balance sheet is known as __________.
• Fixed assets are Rs 5,00,000 , Current assets are Rs 3,00,000, Current liabilities are Rs 1,00,000. There is no investment. Capital employed will be :
• ABC Ltd has total assets turnover ratio and total assets to Net worth are 1.75 and 2 respectively. If NP ratio is 10% the ROE will be :
• In the fund flow statement, depreciation is----------------
• The financial decision making that relates to current assets or short term asset is known as __________________.
• ------------- gives a diagnosis of the profitability and financial position
• ----------- helps to disclose financial position