How many years will it take to pay off a Rs. 11,000 loan with a Rs. 1,241.08 annual payment and a 5% interest rate??
A. 6 years
B. 12 years
C. 24 years
D. 48 years Read More about this Mcq
Category: Finance Mcqs
Which of the following refers to the difference between the sale price and cost of inventory??
A. Net loss
B. Net worth
C. Markup
D. Markdown Read More about this Mcq
If we were studying a sample of 100 students and their examination performance and if the standard deviation of the list of results was say 14, then we could calculated the standard error by ___________??
A. Dividing the square root of the number of items in the sample by the mean
B. Dividing standard deviation by number of items in the sample
C. Dividing the standard deviation by the square root of the number of items in the sample
D. We cannot calculate standard error on account of inadequacy of information
When real rate is high, all the interest rates tend to be ___________??
A) Higher B) Lower C) Constant D) None of the given options
The difference between current assets and current liabilities is known as____________??
A. Surplus Asset
B. Short-term Ratio
C. Working Capital
D. Current Ratio
Which of the following is a series of constant cash flows that occur at the end of each period for some fixed number of periods??
A. Ordinary annuity
B. Annuity due
C. Perpetuity
D. None of the given options
The effect of purchasing power or inflation on present value is important because _________??
A. It increases the real value of cash flows received in the future
B. It reduces the real value of cash flows received in the future
C. It has no effect on real value of cash flow received in the future
D. None of these
Which of the following is the cheapest source of financing available to a firm??
A. Bank loan
B. Commercial papers
C. Trade credit
D. None of the given options.
You just won a prize, you can either receive Rs. 1000 today or Rs. 1,050 in one year. Which option do you prefer and why if you can earn 5 percent on your money??
A. Rs. 1,000 because it has the higher future value
B. Rs. 1,000 because you receive it sooner
C. Rs. 1,050 because it is more money
D. Either because both options are of equal value
Period costs include which of the following??
A. Selling expense
B. Raw material
C. Direct labor
D. Manufacturing overhead
