Related Questions

Nafiz inherited 30% of his father's asset . After paying a tax of 20% of his inheritance, what percent of hos father's asset does Nafiz own now?
A 24%
B 25%
C 26%
D 27%
In a recent year, Windsor's Boat's reported an asset turnover ratio of 2.46 times and a profit margin of 19.8% . In the same year, Sarah's Sail Boats reported an asset turnover ratio of 1.27 times and a profit margin of 9.9% . Which of the following statements is false ?
A Sarah's did a better job of turning over its assets
B Windsor's did a better job of generating profit from its sales
C Windsor's return on assets (ROA) is 48.7% while Sarah's return on assets is 12.6%
D None of the other answers is false
An asset must be ________ by the business to be shown as an asset in its balance sheet.
A Possessed
B Owned
C Controlled
D Used
Data items in the fixed asset record of a newly purchased asset that a well-designed application program could obtain automatically include
A estimated disposal data
B source
C first cost
D All of the above
E None of the above
The allocation of the cost of a tangible plant asset to expense in the periods, in which services are received from the asset, is termed as
A Appreciation
B Depreciation
C Fluctuation
D None of the above
Which one is the correct antonym of ASSET?
A Duty
B Qualification
C Denial
D Liability
Asset turnover measures :
A the profit generated by efficient management of assets
B how quickly we liquidate our inventory
C the sales revenue generated by efficient management of assets
D the ability to generate income for the stockholders
Which one of the following is a Intangible Asset?
A Copyright
B Cash
C Inventory
D Securities
If Net Sales is Tk. 1,20,000. Net Profit is Tk. 48,000 and Average Asset is Tk. 150,000 then which of the following is the Net Profit Margin
A 40%
B 50%
C 55%
D 60%
Determine a firm's total asset turnover (TAT) if its net profit margin is 10 percent, assets are Taka 5 millions and ROA is 20 percent.
A 1.60
B 2.0
C 1.50
D 4.00

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