The purchases, production and sales managers at Sharda Ltd, a firm manufacturing readymade garments are generally at a conflict, as they have their own objectives. Usually each thinks that only they are qualified to evaluate, judge and decide on any matter, according the their professional criteria. Name the concept which will be required by the CEO Mr. Raman, to reconcile the differences in approach interest or opinion in the organisation.
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Cash purchases for ₹ 1,60,000 at 10% T.D. and 5% C.D. What is the amount of Net purchases?
Gross Price = ₹ 1,60,000 Less: 10% T.D. = ₹ 16,000 Net Price = ₹ 1,44,000 Less: 5% C.D. = ₹ 7,200 Net Purchases = ₹ 1,36,800
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pratibha partner of a firm has advanced loan to the firm of Rs, 1,00,000 the firm does not have a paranership Deed will pratibha get interest on the i
Yes, In the absence of Partnership Deed, a partner receive interest on loan @ 6% p.a.
2 Answers 1 views
ABC Ltd. has Debt Equity ratio of 3:1 whereas Ltd. has Debt Equity ratio of 1:1. Name the advantage ABC Ltd will have over Ltd, when the rate of inter
Correct Answer - a Trading on equity.
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The Research & Development department of Healthy Production Ltd. has decided to diversify from manufacturing health drinks to cereals made from millet
a) Public relations- It involves variety of activities designed to promote or protect company’s image & its individual products in the eyes of public. b) Any two of the following...
2 Answers 4 views
From the following data, calcualte value added by firm X and by firm Y: (i) Closing stock of firm X 20 (ii) Closing stock of firm Y 15 (iii) Opening s
VA by X=v+i-iv-vi-ix =300+20-5-100-50 =rs 165 lakh V.A. by `Y=viii+ii-iii-vii` `=250+15-10-80` =rs 175lakh
2 Answers 2 views
Calculate value-added by firms A and B from the following data: (i) Purchases by firm B from firm A 40 ) Sales by firm B 80 (iii) Imports by firm B 10
V.A. by `A=i+viii-ix-vii` `=40+20-10-20` =rs 30 lakh V.A. by `B=ii+vi-v-i-iii` =`80+20-15-40-10` =rs 35lakh
2 Answers 1 views
From the following data, find out value added by firm X: (i) Sales by firm Y to firm X 400 (ii) Sales by firm X to households 500 (iii) Purchases by f
`GVA_(mp)` by X=(ii+iii)+(v-iv)-(i) `=(500+300)+(75-25)-400` =rs 450lakh.
2 Answers 1 views
Policy formulation is the function of - (A) Operational management (B) Middle level managers (C) Top level managers (D) All of these
Correct option is: (C) Top level managers
2 Answers 1 views
R Ltd. Purchased the assets of S Ltd. For ₹ 5,00,000. It also agreed to take over the liabilities of S Ltd. Amounted to ₹ 2,00,000 for a purchase
Correct Answer - Capital Reserve - ₹ 20,000
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Wellbeing Ltd. Took over assets of ₹ 9,80,000 and liabilities of ₹ 40,000 of HDR Ltd. At an agreed value of ₹ 9,00,000. Wellbeing Ltd. Paid to H
Correct Answer - (i) Dr. Sundry Assets A/c by ₹ 9,80,000, Cr. Sundry Liabilities A/c by ₹ 40,000; HDR Ltd by ₹ 9,00,000 and Capital Reserve A/c by ₹ 40,000....
2 Answers 1 views