Who proposed a model to apply economic order quantity concept of inventory management to determine the optimum cash holding in a firm?
| A. | Keith V. Smith |
| B. | Miller and Orr |
| C. | William J. Baumol |
| D. | J. M. Keynes |
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Option: C Explanation : Click on Discuss to view users comments. |
ABC Ltd was incorporated with an authorised Share Capital of Rs. 1,00,000 equity shares of Rs. 10 each. The Board of Directors of the company decided to allot 10,000 shares credited as fully paid to the promoters of the company for their services.
Which account should be debited in the books of ABC Ltd.?
| A. | Promoters' Account |
| B. | Services Account |
| C. | Goodwill Account |
| D. | Share Capital Account |
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Option: C Explanation : Click on Discuss to view users comments. |
Permanent working capital is generally financed through
| A. | Long term Capital Funds |
| B. | Government Assistance |
| C. | Internal Financing |
| D. | Short term loans from Banks |
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Option: A Explanation : Click on Discuss to view users comments. |
