Accounting - Study Mode
[#2036] If the rate of gross profit is 25% on cost by goods sold and the sales are Rs. 200000, the amount of profit will be . . . . . . . .
Correct Answer
(B) Rs. 40000
[#2037] The short-term advances made by a bank to the stock brokers and bill brokers are called . . . . . . . .
Correct Answer
(A) money at call
[#2038] Match List-I (financial statements and accounts) with List-II (special matters associated with statements and accounts) and select the correct answer using the options given below the lists: List-I List-II a. Receipts and payments 1. Revenue account b. Income and expenditure account 2. Cash c. Dividend equalisation reserve 3. Liability d. Club subscription received in advance account 4. Balance sheet 5. General reserve
Correct Answer
(A) a-2, b-1, c-4, d-3
[#2039] Assets acquired by a bank in satisfaction of a claim are known as . . . . . . . .
Correct Answer
(A) non-banking assets
[#2040] The dividend per share in a company is Rs. 2, earning per share is Rs. 5 and the market value of shares is Rs. 25. What will be the yield?
Correct Answer
(C) 8%
Explanation
Solution: Dividend yield is calculated as: Dividend Yield = (frac{ ext{Dividend per Share}}{ ext{Market Value per Share}} imes 100\%) Given: Dividend per share = Rs. 2 Market value per share = Rs. 25 So, Dividend Yield = (frac{2}{25} imes 100 = 8\%) Hence, the correct answer is Option C: 8% .