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Question
| Group 'A' | Group 'B' | ||
| 1 | Financial Management | a | Distribution of profit |
| 2 | Retained profit | b | Deposits less than Rs. 20,000 |
| 3 | Debenture trustees | c | Capitalisation of profit |
| 4 | Small depositors | d | 1996 |
| 5 |
Depository Act |
e | Management of business funds |
| f | Borrowed capital | ||
| g | Protect interest of debentures holders | ||
| h | Management of business activities | ||
| i | Deposits less than Rs. 25,000 | ||
| j | 1956 |
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Solution
| Group 'A' | Group 'B' | ||
| 1 | Financial Management | a | Management of business funds. |
| 2 | Retained profit | b | Capitalisation of profit. |
| 3 | Debenture trustees | c | Protect interest of debentures holders |
| 4 | Small depositors | d | Deposits less than Rs. 20,000 |
| 5 |
Depository Act |
e | 1996 |
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| 10,000; 10% Debentures of ₹ 100 each redeemable in four equal yearly | ₹ |
| installments beginning 1st July, 2019 | 10,00,000 |
| 11% Bank Loan from SBI repayable after 5 years | 20,00,000 |
| Interest on Debentures and Bank Loan has not yet been paid. |
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Calculate Cost of Materials Consumed from the following:
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Opening Inventory (₹) |
Closing inventory(₹) |
||
| Finished Goods |
5,00,000 |
5,50,000 |
||
| Work-in-Progress |
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||
| Stock-in-Trade | 6,50,000 | 6,00,000 | ||
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What are the objectives of financial management?
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