Question : Find out the stock turnover ratio from the following information :
Opening stock = Rs. 50,000 Closing stock = Rs. 60,000 and Cost of goods sold = Rs. 2,20,000

 

Option 1: 5:1

Option 2: 3:1

Option 3: 4:1

Option 4: None of the above

Question : How is the cash flow due to the sales calculated?

Option 1: opening debtors + sales + opening B/R – closing debtors – closing B/R

Option 2: cash collections + cash sales

Option 3: Both 1 and 2

Option 4: None of the above

Question : Opening stock of medicines =  Rs.50,000.

Closing stock of medicines Rs.45,000 more than opening. 

Amount paid for medicines during the year = Rs 2,00,000.

Opening creditor = Rs.20,000.

Closing creditor 50% of opening creditors.

Amount of medicines consumed during the year is?

Option 1: Rs.1,35,000

Option 2: Rs.1,55,000

Option 3: Rs.1,45,000

Option 4: Rs.2,50,000

Question : Money Supply is a ______ concept.
 

Option 1: Flow
 

Option 2: Stock

 

Option 3: Capital

Option 4: None of the above.

Question : What is the full form of ESOP?

Option 1: Employee Stock Option Plan

Option 2: Employee Sale Option Plan

Option 3: Employee Share Option Plan

Option 4: None of the above