Which of the following terms refers to the use of debt financing? A. Operating Leverage B. Financial Leverage C. Manufacturing Leverage D. None of the given options

Standard Company had net sales of Rs. 750,000 over the past year. During that time, average receivables were Rs. 150,000. Assuming a 365-day year, what was the average collection period? A. 5 days B. 36 days C. 48 daysD. 73…

Which of the following costs are reported on the income statement as the cost of goods sold? A. Product cost B. Period cost C. Both product cost and period cost D. Neither product cost nor period cost

Finance is vital for which of the following business activity (activities)? A. Marketing Research B. Product Pricing C. Design of marketing and distribution channels D. All of the given options

Which of the following refers to the cash flows that result from the firm‟s day-to-day activities of producing and selling? A. Operating Cash Flows B. Investing Cash Flows C. Financing Cash Flows D. All of the given options

Cash flow from assets involves which of the following component(s)? A. Operating cash flow B. Capital spending C. Change in net working capital D. All of the given options

Financial policy is evaluated by which of the following? A. Profit Margin B. Total Assets Turnover C. Debt-equity ratio D. None of the given options

Product costs include which of the following? A. Selling expenses B. General expenses C. Manufacturing overhead D. Administrative expenses

Period costs include which of the following? A. Selling expense B. Raw material C. Direct labor D. Manufacturing overhead

Earning per is computed as: A.   ____________Earning After Tax_____________           No of common s outstanding B.   ____No of common s outstanding___ Earning after Tax C.  ____Earning before Tax____ Common s D.   None of Them