Related Questions

People who pay their debts are trusted. Here who pay their debts is-
A Phrase
B Clause
C Idioms
D Gerund
A company has trade debtors at the year-end amounting to Ta. 2,18,000. One of the debtors, value TA. 8,000 is known to be uncontrollable. The company takes a 5% provision for bad debts each year and last year's provision amounted to TA. 2,000 which of the following figures will appear in the profit and loss account as the total bad debt charge for the year?
A TA. 18,900
B TA. 18,500
C TA.16,300
D TA. 10,500
Last year, ABC PLC. earned a gross profit margin of 30% on Tk 2,00,000 sales. The company received Tk 2,000 interest income on investment, paid Tk 1,000 interest on long term bond, repaid a short term loan of Tk 20,000 and incurred Tk 31,000 operating expense. If the corporate tax rate was 25% then what was the net income of this company?
A Tk 2,500
B Tk 5,000
C Tk 7,500
D Tk 8,000
E None of these
A company has trade debtors at the year-end amounting to TA. 2,18,000. One of the debtors, value TA. 8,000 is known to be noncollectable, The company takes a 5% provision for bad debts each year and last year's provision amounted to TA. 2,000. Which of the following figures will appear in the profit and loss account as the total bad debt charge for the years?
A TA. 18,900
B TA. 18,500
C TA. 16,300
D TA, 10,500
What is the amount of equal installment , if a sum of TK. 1428 due 2 years hence has to be completely has to be completely repaid in 2 equal annual installments starting next year?
A TK. 700
B Tk. 800
C Tk. 650
D cannot be determined
Specific day at which bond value is repaid can be considered as
A valued date
B repayment date
C payment date
D maturity date
Muzahid wants to borrow Tk. 2,00,000 from a bank. The amount with interest rate of 15% is to be repaid 18 months from now. How much will be the repayment amount?
A Tk. 1,63,200
B Tk. 2,58,000
C Tk. 2,45,000
D Tk. 2,85,000
The ability to meet debts as they become due is known as ______.
A Solvency
B Leverage
C Insolvency
D Liquidity
Four subjects ---physics, Chemistry, Mathematics and Biology ---were taught in four consecutive periods of one hour each starting from 8.00 a.m. At what time was the chemistry period scheduled? 1. Mathematics period ended at 10.00 a.m, which was preceded by Biology. 2. Physics was scheduled in the last period. 3. Mathematics period was immediately followed by Chemistry.
A Only 1
B Only 2
C Only 2 and 3
D Only 1 and either 2 or 3
Which of the following is the effect on net income if a business decreases its provision for bad debts?
A It will increase net income
B It will decrease net income
C No effect
D It will increase gross profit and net income

Next steps