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31.
From the information given below, calculate Debt service coverage Ratio—
Net profit after interest and Tax Rs. 40,000, Depreciation Rs. 5,000, Rate of Income Tax 50%, 10% Mortgage Debentures Rs. 60,000. Fixed Interest Charges Rs. 6,000, Debenture Redemption Fund Appropriation of Outstanding Debentures 10%.
- A.4.06 times
- C.6.06 times
- B.5.06 times
- D.7.06 times
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Answer : [A]
32.
Current Ratio is 3.75, Acid Test Ratio is 1.25 Stock Rs. 3,75,000, calculate working capital.
- A.Rs. 3,00,000
- C.Rs. 4,12,500
- B.Rs. 4,00,000
- D.Rs. 4,25,000
- Answer
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Answer : [C]
33.
Average stock of firm is Rs. 80,000, the opening stock is Rs. 10,000 less than closing stock. Find opening stock.
- A.Rs. 95,000
- C.Rs. 90,000
- B.Rs. 85,000
- D.Rs. 75,000
- Answer
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Answer : [D]
34.
Rate of Gross Profit on cost is 25%. Total sales is Rs. 1,00,000 and Average Stock is Rs. 1,60,000. Stock Turnover Ratio will be—
- A.0.5 times
- C.0.10 times
- B.0.8 times
- D.0.4 times
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Answer : [A]
35.
If the current ratio is 2, current assets are worth Rs. 1,600, if current ratio is not allowed to fall below 1.5, how much additional can be borrowed by the company on the short term basis ?
- A.Rs. 400
- C.Rs. 2,733
- B.Rs. 600
- D.Rs. 800
- Answer
- Report
Answer : [A]
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