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A balance sheet for an industrial concern shows ___________________? A. The financial condition at any given time B. Only current assets C. Only fixed assets D. Only current and fixed assets
Pick out the wrong statement ? A. Gross revenue is that total amount of capital received as a result of the sale of goods or serviceB. Net revenue is the total profit remaining after deducting all costs excluding taxes C. The ratio of immediately available cash to the total current liabilities is known as the…
If an amount R is paid at the end of every year for ‘n’ years, then the net present value of the annuity at an interest rate of i is _________________? A. R [{(1 + i)n – 1}/ i ]B. R [{(1 + i)n – 1}/ i (1 + i)n] C. R(1 + i)n D….
Which of the following does not come under the sales expenses for a product of a chemical plant ? A. Advertising B. WarehousingC. Legal fees D. Customer service
____________ taxes are based on gross earnings ? A. Property B. ExciseC. Income D. Capital gain
Operating profit of a chemical plant is equal to___________________? A. Profit before interest and tax i.e., net profit + interest + tax B. Profit after tax plus depreciation C. Net profit + tax D. Profit after tax
A holder has ______________ say in the affairs of company management compared to a debenture holder ? A. More B. Less C. Same D. No
Depreciation________________? A. Costs (on annual basis) are constant when the straight line method is used for its determination B. Is the unavoidable loss in the value of the plant, equipment and materials with lapse in time C. Does figure in the calculation of income tax liability on cash flows from an investmentD. All A, B….
Which of the following ceramic packing materials is the costliest of all ? A. Berl saddles B. Raschig rings C. Pall rings D. Intalox saddles
Purchased cost of equipments for a chemical process plant ranges from _____________ percent of the fixed capital investment? A. 10 to 20B. 20 to 40 C. 45 to 60 D. 65 to 75