Working capital cycle involves the following
(i) Acquisition of Raw material
(ii) Finished goods
(iii) Receivables
(iv) Cash
(v) Work in progress
Which of the sequence is correct?
| A. | (iv), (iii), (i), (v), (ii) |
| B. | (i), (ii), (iii), (iv), (v) |
| C. | (i), (v), (ii), (iii), (iv) |
| D. | (iv), (i), (ii), (iii), (v) |
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Option: C Explanation : Click on Discuss to view users comments. |
Statements:
(i) Overcapitalisation is desirable
(ii) Undercapitalisation is more desirable
| A. | Both are Correct |
| B. | Both are incorrect |
| C. | (i) is correct (ii) is incorrect |
| D. | (ii) is correct (i) is incorrect |
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Option: C Explanation : Click on Discuss to view users comments. |
Which of the following statements is correct concerning the relationships among the firm's functions?
| A. | TC = TFC-TVC |
| B. | TVC = TFC-TC |
| C. | TFC = TC-TVC |
| D. | TC = TVC-TFC |
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Option: C Explanation : Click on Discuss to view users comments. |
Which of the following statements is incorrect?
| A. | About 80 per cent of agricultural area has irrigation facilities. |
| B. | About two third area is rain-fed in India. |
| C. | Productivity per worker in agriculture is much lower than that in industry. |
| D. | Cropping pattern is quite skewed in India. |
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Option: A Explanation : Click on Discuss to view users comments. |
