D:-None of the above
Correct Answer:- Option-A
Question67:-The ratio of proportion of fixed interest bearing funds to equity share holders fund is known as
A:-Share holders equity ratio
B:-Proprietory ratio
C:-Capital gearing ratio
D:-Debtors turn over ratio
Correct Answer:- Option-C
Question68:-The lessor undertakes to finance only a part of the money required to purchase the asset in
A:-Financial lease
B:-Operating lease
C:-Sale and lease back
D:-Leveraged lease
Correct Answer:- Option-D
Question69:-The risk of obsolescence on the asset is borne by the
A:-Lessor
B:-Lessee
C:-Both (1) and (2)
D:-None of the above
Correct Answer:- Option-A
Question70:-The excess of current asset over current liability is called
A:-Net current asset
B:-Net working capital
:-Working capital
D:-All of the above
Correct Answer:- Option-D
Question71:-When shares are forfeited the share capital account is debited by
A:-Paid up amount
B:-Called up amount
:-Calls in arrears
D:-Nominal value of shares
Correct Answer:- Option-B
Question72:-Transfer to capital redemption reserve can be made from
A:-Dividend equalization reserve
Security premium account
C:-Profit prior to incorporation
D:-Profit on re-issue of forfeited shares
Correct Answer:- Option-A
Question73:-The relation ship between normal rate of return and P.E ratio is
A:-Inverse
-Direct
C:-Irregular
D:-None of these
Correct Answer:- Option-A
Question74:-Right issue means issue of shares to
A:-Existing debenture holders
B:-Existing share holders
C:-Promoters
D:-Institutional investors
Correct Answer:- Option-B
Question75:-Capital of a company which can be called up only in the event of winding up is known as
A:-Nominal
-Registered
C:-Authorized
D:-Reserve
Correct Answer:- Option-D
Question76:-Forfeited share account is finally closed by transfer of its balance to
A:-General reserve
B:-Free reserve