vu acc501 Final Term - Quiz No.7
vu acc501 Business Finance Quiz
This quiz belongs to book/course code vu acc501 Business Finance of vu organization. We have 30 quizzes available related to the book/course Business Finance. This quiz has a total of 6 multiple choice questions (MCQs) to prepare and belongs to topic Final Term. NVAEducation wants its users to help them learn in an easy way. For that purpose, you are free to prepare online MCQs and quizzes.
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Question 1: Suppose Younas Corporation has balance of merchandise of 5000 units. It wants to sell 2000 units at 90% of its cost on cash. What would be the affect of this transaction on the current ratio?
Fall
Rise
Remain unchanged
None of the given option
Question 2: Ali Corporation has a cash coverage ratio of 6.5 times. Whereas its earning before interest and tax is Rs.750 million and interest on long term loan is Rs.160 million. What would be the annual depreciation for the current year?
Rs. 200 million
Rs.240 million
Rs.275 million
Rs.290 million
Question 4: All of the followings are tax admissible items EXCEPT:
Interest
Dividend
Salaries payable
Depreciation
Question 5: A decrease in the percentage of net income paid out as a dividend, will increase the:
Return on assets ratio
Retention ratio
Leverage ratio
Profit margin
Question 6: How many years will it take to pay off a Rs. 11,000 loan with a Rs. 1,241.08 annual payment and a 5% interest rate?
6 years
12 years
24 years
48 years
