Question :
Option 1: Both, A and R, are true and R is the correct explanation of A.
Option 2: Both, A and R, are true and R is not the correct explanation of A.
Option 3: A is true but R is false.
Option 4: A is false but R is true.
Correct Answer: Both, A and R, are true and R is the correct explanation of A.
Solution : All goods used by the produces are not capital good. Producer goods includes two type of goods-
Hence, Option A is correct.
Calculate Operating ratio -
Particulars
Amount
Revenue from Operations
600000
Gross profit
20%
Office Expense
30000
Selling Expense
48000
Option 1: 80%
Option 2: 95.33%
Option 3: 85%
Option 4: 93%
On the basis of following information received from a firm, its proprietary ratio will be -
Fixed assets
330000
Current assets
190000
Preliminary Exp.
Equity share capital
244000
Prefrence share capital
170000
Reserve Fund
58000
Option 2: 85%
Option 3: 70%
Option 4: 90%
From the Following information what will be the amount of asset purchased during the year?
Closing
Opening
Machinery (At cost)
690000
Accumulated Depreciation
90000
60000
Additional information: During the year a machine coating Rs.50,000 with accumulated depreciation Rs.32,000 was sold for Rs.20,000.
Option 1: Rs.1,40,000
Option 2: Rs.1,20,000
Option 3: Rs.1,65,000
Option 4: None of the above
Calculate Cash Flow From Investing activities From the following information -
Purchase of machine
300000
Purchase of goodwill
150000
Purchase of Investment
200000
Sale of Machine
85000
Sale of inveatment
80000
Sale of Patents
Interest and dividend Received
Rent Received
Option 1: Rs.(2,55,000)
Option 2: Rs.6,50,000
Option 3: Rs.3,95,000
Option 4: None of the Above
Following is the extract From the balance sheets of Poorva Ltd.
Liabilities
31-03-2022
31-03-2021
Surplus i.e balance in statement of profit and loss
230000
Proposed Dividend
40000
Dividend Payable
9000
-
Net Profit before tax and Extraordinary items will be :
Option 1: Rs.1,90,000
Option 2: Rs.40,000
Option 3: Rs.1,00,000
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