Accounting - Study Mode
[#646] The most suitable coverage ratio for deciding the debt capacity of a firm is
Correct Answer
(B) Cash Flow Coverage Ratio
[#647] Profit distributed in the mid of the year will be shown in
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(B) Profit and loss adjustment account
[#648] The company's nationality is decidedby its
Correct Answer
(B) registered office
[#649] In a reconstruction scheme, the reduction of capital may take the form of
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(D) all of the above
[#650] Which of the following is capital profit:
Correct Answer
(C) Premium received on issue of shares