McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Business Administration (BBA) , Bachelor of Banking and Insurance (BBI) , Bachelor of Commerce (B Com) .
Chapters
| 51. |
Quick ratio is 1.8:1, current ratio is 2.7:1 and current liabilities are Rs 60,000. Determine value of stock. |
| A. | rs 54,000 |
| B. | rs 60,000 |
| C. | rs 1, 62,000 |
| D. | none of the above |
| Answer» C. rs 1, 62,000 | |
| 52. |
Funds flow statements are prepared so as to |
| A. | to identify the changes in working capital |
| B. | to identify reasons behind change in working capital |
| C. | to know the item-wise outflow of funds during given period |
| D. | all of the above |
| Answer» D. all of the above | |
| 53. |
Net Profit ratio is calculated by |
| A. | (gross profit/gross sales) *100 |
| B. | (gross profit/net sales) *100 |
| C. | (net profit/net sales) *100 |
| D. | none of the above |
| Answer» C. (net profit/net sales) *100 | |
| 54. |
If sales is Rs 5, 00,000 and net profit is Rs 1, 20,000 Net Profit ratio is |
| A. | 24% |
| B. | 41% |
| C. | 60% |
| D. | none of the above |
| Answer» A. 24% | |
| 55. |
Operating ratio is calculated by |
| A. | (operating cost/gross sales) *100 |
| B. | (operating cost/gross sales) *100 |
| C. | (operating cost/net sales) *100 |
| D. | none of the above |
| Answer» A. (operating cost/gross sales) *100 | |
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