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If revenue from operations is ₹ 9,00,000; gross profit is 25% on cost and operating expenses are ₹ 90,000 the operating ratio will be:
Concept: Activity Ratios >> Inventory Turnover Ratio
Classify the following items under major heads and sub-heads (if any) in the balance sheet of a company as per Schedule III, part I of the Companies Act, 2013:
- Loans repayable on demand
- Bills Payable
- Patents
Concept: Statement of Profit and Loss
Under which major heads and sub-heads will the following items be presented in the Balance Sheet of the company as per Schedule III, Part I of the Companies Act, 2013?
- Income received in advance
- Computer Software
- Balance of forfeited shares account
Concept: Statement of Profit and Loss
Name the major heads and sub-heads under which the following items will be presented in the Balance Sheet of a company as per Schedule III, Part I of the Companies Act, 2013 :
- Goodwill
- Debenture Redemption Reserve
- Licenses and Franchise
Concept: Statement of Profit and Loss
Under which major heads and sub-heads will the following items be presented in the Balance Sheet of a Company as per Schedule III, Part I of the Companies Act, 2013:
- Cheques-Drafts on hand
- Work-in-Progress
- Balance in Statement of Profit and Loss
Concept: Statement of Profit and Loss
It is technique which involves regrouping of data by application of arithmetical relationships. Identify the technique and state any two advantages of the technique identified.
Concept: Concept of Financial Statement Analysis
Under which heads and sub-heads the following items will appear in the Balance Sheet of Company as per Schedule III, Part-I of the Companies Act, 2013:
- Loose tools
- Calls-in-Advance
- Capital Reserve
Concept: Statement of Profit and Loss
‘Freedom to Choose of method of depreciation’ refers to which limitation of financial statement analysis.
Concept: Concept of Financial Statements
Debt-Equity Ratio of Dhamaka Ltd is 3 : 1. Which of the following will result in decrease in this ratio?
Concept: Solvency Ratios >> Debt to Equity Ratio
Classify the following items under Major heads and Sub heads (If any) in the balance sheet of a Company as per schedule III of the Companies Act 2013.
- Loose Tools
- Loan repayable on demand
- Provision for Retirement benefits
- Pre-paid Insurance
- Capital advances
- Shares in Listed Companies
Concept: Statement of Profit and Loss
From the information extracted from the statement of Profit & Loss of Zee Ltd for the year ended 31st March 2022 and 31st March 2023, prepare a common size statement of profit & loss:
| Particulars | Note No. | 2022-23 (₹) | 2021-22 (₹) |
| Revenue from operations |
8,00,000 | 10,00,000 | |
| Gross Profit | 60% | 70% | |
| Other Expenses | 2,20,000 | 2,60,000 | |
| Tax Rate | 50% | 50% |
Concept: Common-Size Statement
What is meant by 'Management'?
Concept: Concept of Management
What is meant by 'effectiveness' in management?
Concept: Concept of Management
What is meant by 'Management'?
Concept: Concept of Management
State any three objectives of management
Concept: Concept of Management
What is meant by ‘Privatisation’?
Concept: Levels of Management
Name any two important characteristics of management.
Concept: Importance of Management
‘Co-ordination is the essence of management.’ Explain.
Concept: Coordination as an Essence of Management
Answer the following question.
Management is a complex activity that has three main dimensions. Explain these dimensions.
Concept: Concept of Management
Identify the reason which makes management important in the light of the fact that it is generally seen that individuals in an organization resist change, as a change often means moving from a familiar, secure environment into a newer and a more challenging one.
Concept: Importance of Management
