a. Maintenance of working capital position in terms of a minimum current ratio b. Prohibition on disposal of promoters’ shareholding c. Restriction on creation of further charge on asset d. Ban on sale of fixed assets without the lender’s concurrence Which one of the following options is most appropriate?
a. Investors are rational and have homogeneous expectations b. Perfect capital market c. 100% retention of profits d. No taxes Which of the following options is most appropriate?
a. Source of funds b. An application of fund c. Sources of funds in limited sense d. Added back to the operating profit to find out funds from operations Which one of the following option is correct?
a. Helps in cash management b. Helps in external financial management c. Helps in internal financial management d. Discloses the movements of cash Which of the following options is correct?
Net profit for the year ending 31-12-17 after preference dividend and tax ® Rs. 1,00,000 No. of equity shares as on 1-1-2017 ® Rs. 50,000 No. of 12% convertible debentures of Rs. 100 each ® Rs, 1,00,000 Each debenture is convertible into 10 equity shares. The tax rate applicable to the company is 30% The […]