Miscellaneous in Commerce Objective Questions and Answers

288. If net profit margin is 10%, total assets turnover 2 times, and the total debts to total assets ratio 0.6 the return on equity will be:

289. Content of income statement

A. Trading account

B. Profit and loss account

C. Balance sheet

D. All of the above

Discussion

290. A business has the following items in it:
Land Rs. 1,000,000
Machinery Rs. 20,000
Cash Rs. 10,000
Debt Rs. 0
Owner's equity? What is the valve of owner's equity?

291. IRR technique is used for . . . . . . . .

A. Dividend decisions

292. The nature of financial accounting is:

293. Cartel is a business combination in the area of:

294. Match List-I with List-II and select the correct answer:

List I	List II
a. Rival firms	1. External Environment
b. Technology	2. Social and cultural environment
c. Improving quality	3. Internal environment
d. Ethics business	4. Global environment

A. a-1, b-2, c-3, d-4

B. a-2, b-3, c-4, d-1

C. a-3, b-1, c-4, d-2

D. a-4, b-1, c-2, d-3

Discussion

Miscellaneous in Commerce MCQs