If a company revaluates its fixed assets, the current ratio of the company will:
A. Improve if assets are revalued upward
B. Remain unaffected
C. Improve if assets are revalued downwards
D. Undergo change only if…
The effect of purchasing power or inflation on present value is important because _________?
A. It increases the real value of cash flows received in the future
B. It reduces the real value of cash flows received in the…
Who of the following make a broader use of accounting information?
B. Financial Analysts
Financial analysts make extensive use of accounting information; they are some of the most…
Which of the following refers to the difference between the sale price and cost of inventory?
A. Net loss
B. Net worth
Mark up/margin is the extra amount charged by business to it customer to earn…
If you have Rs. 850 and you plan to save it for 4 years with an interest rate of 10%, what will be the future value of your savings?
A. Rs. 1,000
B. Rs. 1,244
C. Rs. 1,331
D. Rs. 1,464
FV = PV * (1+ i) ^n
= 850 *…