1.

1. The SEBI has prescribed debt‐equity ratio norm of _______. (A) 1 : 1(B) 2 : 1(C) 2 : 22. The _______ is considered as tax deductable expenditure.(A) dividend(B) bonus(C) interest3. The _______ capital stay in business almost permanently.(A) fixed(B) working(C) debt4. The difference between current assets and current liabilities is _______ capital.(A) debt(B) fixed(C) working5. Big retail stores require large amount of _______ capital.(A) fixed(B) working(C) loan6. If the volume of sales increases, there is _______ in amount of working capital.(A) an increase(B) a decrease(C) no change7. If credit policy is _______, it is possible for the company to improve its cash flow.(A) sound(B) liberal(C) just8. A firm selling on credit terms requires _______ working capital.(A) more(B) medium    (C) less9. A firm making cash sales requires _______ working capital.(A) less    (B) more(C) no

Answer»

1. (B) 2 : 1 

2. (C) interest

3. (A) fixed

4. (C) working

5. (B) working

6. (A) an increase 

7. (A) sound 

8. (A) more

9. (A) less



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