Financial Management - Study Mode

[#266] Type of basic financial statements consist of
Correct Answer

(D) all of above

Explanation

Solution: Type of basic financial statements consist of balance sheet and income statement, statement of retained earning and statement of cash flows.

[#267] If common shares outstanding are 50,000,000 and book value per share is Rs 19.92 then total common equity will be
Correct Answer

(A) Rs 996,000,000.00

Explanation

Solution: Total Equity = Shares outstanding × Book value per share = 50,000,000 × 19.92 = Rs. 996,000,000.00

[#268] An income available for shareholders after deducting expenses and taxes from revenues is classified as
Correct Answer

(A) net income

Explanation

Solution: An income available for shareholders after deducting expenses and taxes from revenues is classified as net income. Net income represents the amount of money remaining after all operating expenses, interest, taxes and preferred stock dividends (but not common stock dividends) have been deducted from a company's total revenue.

[#269] Security present value is Rs 100 and future value is Rs 150 after 10 years and value of 'I = interest rate' will be
Correct Answer

(A) 4.14%

[#270] Price per share is Rs 25 and cash flow per share is Rs 6 then price to cash flow ratio would be
Correct Answer

(B) 4.16 times

Explanation

Solution: Price to cash flow ratio = Price per share ÷ Cash flow per share = Rs. 25 ÷ Rs. 6 = 4.16 times