Statement - I : |
Working capital leverage measures the responsiveness of Return on Equity for changes in current Assets. |
Statement - II : |
When the annual demand for an item is 3200 units, unit cost Rs 6, inventory carrying charges 25% p.a. and cost of one procurement Rs 150, the economic ordering quantity would be 700 units. |
Codes |
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A. | Both statements are correct |
B. | Both statements are incorrect |
C. | Statement - I is correct and Statement - II is incorrect |
D. | Statement - I is incorrect and Statement - II is correct |
Answer : B Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |