Question : Tax on inheritance is called

Option 1: Excise duty

Option 2: Estate duty

Option 3: Gift tax

Option 4: Sales tax

Question : Which of the following is an example of a marketing objective?

Option 1: Increasing brand awareness by 20% within six months

Option 2: Reducing production costs by 10% annually

Option 3: Hiring five new sales representatives

Option 4: Expanding into five new markets

Question : Which of the following is an example of a marketing objective?

Option 1: Increasing brand awareness by 20% within six months

Option 2: Reducing production costs by 10% annually

Option 3: Hiring five new sales representatives

Option 4: Expanding into five new markets

Question : Opening Inventory Rs.29,000; Closing Inventory Rs.31,000; Revenue from Operations (Sales) Rs.3,20,000; Gross Profit Ratio 25% on Revenue from Operations. 

Inventory Turnover Ratio will be

Option 1: 6 times 

Option 2: 4 times 

Option 3: 8 times 

Option 4: None of the above

Question : Revenue from Operations (Sales) Rs. 16,00,000; Average Inventory Rs.2,20,000; Gross Loss Ratio 5%. Inventory turnover ratio will be 

Option 1: 7.63 times 

Option 2: 7 times 

Option 3: 7.4

Option 4: None of the above