87.

58.

59.

60.

61.

62.

68.

64.

65.

The presence of more fixed cost in the capital structure of a firm indicates :
(ಗ) Financial leverage 18) Operating leverage
(C) Super leverage (D) None of the above

Which of the following costs would be considered a fixed cost?
(4) Raw material (B) Depreciation
(C) Production labour (D) Bad-debt losses

The cash required during a specific period to meet interest expenses and principal payments
is referred to as the :

(ക) Debt capacity (B) Debt-Service burden
(C) Fixed charge burden (D) Adequacy capacity

involve the exchange of currency the second day after the date on which the
two traders agree ta the transaction.

(ക) Spot transaction (B) Currency transaction
(C) Virtual transaction (D) Forward transaction

Functions of factor exclude :
(മ) Credit administration (B) Credit rating
(C) Credit financing (D) Credit recording

Another name for open-ended credit :
(A) A box of credit (B) Convenience credit
(©) Revolving credit (D) Instalment credit

Uncollected cheques also referred :
(ക) ‏تا‎ presented cheques (8) Bounced cheques
(C) Outstanding cheques (D) Un credited cheques

Which of the following is a measure of debt serving capacity of a firm?
(4) Current ratio (8) Acid-test ratio
(C) Debtors turnover ratio (D) Interest coverage ratio

Market in which funds are transferred from those who have excess funds available to those
who have a shortage of funds are called?

(A) TFunds markets (B) Commodity markets
(C) Derivative exchange markets (D) Financial markets

131/2015 10 A