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Goodwill of a firm of X and Y is valued at Rs. 30,000. It is appearing in the books at Rs. 12,000. Z is admitted for 1/4th share.

What amount he is supposed to bring in goodwill?  

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The balance of property at cost has been Rs. 20,000 and Rs.17,000 in 2015 and 2016, respectively. The profit on the sale of property of Rs.2,000 is credited to Capital Reserve Account. New property costing Rs. 5,000 was bought in 2016. Determine the sale proceeds from property.  

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Select the correct answer from the code given below:

Assertion (A): Debt-equity ratio indicates the long term solvency of a company Reason (R): It measures the ability of the company to pay off its long term liabilities.  

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Which of the following statements is correct?

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Which of the following activities should be shown separately in the cash flow statement prepared as per Accounting Stansard-3?

(a) Cash Flow from borrowing activities                      (b) Cash Flow from operating activities (c) Cash Flow from financing activities                        (d) Cash Flow from investing activities (e) Cash Flow from miscellaneous activities Codes:  

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Lease which includes a third party (a lender) is known as

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You are given the following information:

    X-Security Market-Security Expected Return (%)     15 12 Standard Deviation of the return (%)      6 4 Coefficient of Correlation between the returns                0.4 What is the Beta-coefficient of security X to measure its systematic risk? Codes:

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Match the items of List-I with items of List-II and indicate the code of correct matching:

  List  I List II (a) Value added Model (i) It is based on the process audit thereby evaluating the corporate social performance (b) Bauer-Fenn Model (ii) It takes into account the social benefits and costs (c) ABT Model (iii) It reflects the impact of a business enterprise on its employees, the local community and […]

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Which of the following correctly depicts difference between a merger and an acquisition of stock?

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‘That personal leverage can replace corporate leverage’ is assumed by

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  • Home
  • About Us
  • Faculty Pool
  • Study Material
    • Paper One
    • Commerce
    • Management
  • Mock Tests
    • Paper 1 (P. Y. MCQs)
    • Paper 2 (P. Y. MCQs)
  • Enquiry
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