A, B and C are partners in a firm sharing profits and losses in the ratio of 4 : 3 : 2. They agreed to take D into partnership and gave him 1/8 share. What will be their new profit sharing ratio ?
| A. | 4 : 3 : 2 : 1 |
| B. | 28 : 21 : 14 : 9 |
| C. | 28 : 21 : 14 : 8 |
| D. | 4 : 1 : 2 : 1 |
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Option: B Explanation : Click on Discuss to view users comments. |
From the following information, find out the number of units that must be sold by the firm to earn profit of ` 80,000 per year.
Sales price : Rs 25 per unit
Variable manufacturing costs – Rs 12 per unit
Variable selling costs – Rs 3 per unit
Fixed factory overheads – Rs 5,00,000
Fixed selling costs – Rs 3,00,000
| A. | 60,000 units |
| B. | 88,000 units |
| C. | 98,000 units |
| D. | 1,00,000 units |
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Option: B Explanation : Click on Discuss to view users comments. |
Which of the following is not a cash inflow ?
| A. | Decrease in creditors |
| B. | Decrease in debtors |
| C. | Issue of shares |
| D. | Sale of a fixed asset |
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Option: A Explanation : Click on Discuss to view users comments. |
|
List – I |
List – II |
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a. Postage stamp pricing |
i. Equality of marginal and average cost |
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b. Loss leader |
ii. Constant average and marginal cost |
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c. Economic capacity |
iii. Product line pricing |
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d. Reserve capacity |
iv. Differential pricing |
| A. | iii iv ii i |
| B. | iv iii i ii |
| C. | ii i iii iv |
| D. | i ii iv iii |
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Option: B Explanation : Click on Discuss to view users comments. |
For the following two statements of Assertion (A) and Reasoning (R) indicate the correct code :
Assertion (A) : Low initial pricing for new products is regarded as the principal instrument for entering into mass markets.
Reasoning (R) : Firms generally go for production of new products with excess capacity initially.
Codes :
| A. |
Assertion (A) and Reasoning (R) both are correct but (R) does not offer full explanation for (A).
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| B. | Assertion (A) and Reasoning (R) both are wrong. |
| C. | Assertion (A) is correct but Reasoning (R) is wrong. |
| D. |
Assertion (A) and Reasoning (R) both are correct and (R) offers full explanation for
(A).
|
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Option: A Explanation : Click on Discuss to view users comments. |
