Gross profit on short sales are calculated as

Related MCQs

• Short sales is the difference between …………… and actual sales of dislocated period
• ………………………. Is the difference between standard sales and actual sales of dislocated period
• To ascertain profit in life insurance business ………………. Prepared.
• The profit and loss amount of general insurance companies are prepared in …………………………………..
• A …………. Company should transfer 25% of its profit to a statutory Reserve
• Banks are required to transfer …………………. Of their profit to a statutory reserve
• A banking company should transfer 25% of its profit to a …………….
• No profit and loss appropriation account is prepared in case of a…………… company.
• A banking company required to prepare its profit & loss account according to ……………………… of the III schedule of the Banking Regulations Act.
• The insurance indemnifies the insured any loss of profit arising from interruption of the normal activity