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Which one of the following is the correct sequence of various stages of operating cycle of a manufacturing company?  1. Raw material conversion period, work-in-progress conversion period, Finished goods conversion period, Receivables conversion period 2. Raw material conversion period, work-in-progress conversion period, Creditors payment period, Receivables conversion period 3. Creditor payment period. Raw material conversion period, Receivables conversion period, work-in- progress conversion period 4. Raw material conversion period, Finished goods conversion period, work-in- progress conversion period. Receivables conversion period 
John, Jack, Joseph and Jordan participated in a running race. Only the winner finished the race in 10 minutes. Which two pieces of information can tell you who the winner was? (i) John finished the race in 16 minutes . (ii) Joseph finished the race earlier than Jack by 2 minutes. (iii) Jack finished the race later than Jordan by 4 minutes. (iv) Jordan finished the race earlier than John by 6 minutes. (v) John finished the race later than Joseph by minutes.
In the question below is given a statement followed by two courses of action numbered I and II. You have to assume everything given in the statement to be true and then decide which of the given/ suggested courses of action logically follows for pursuing. Statement: One of the problems of the public food- processing industry is the irregular supply of raw material to other industries also. Courses of Action:  The government should deregulate the supply of raw material for the food processing industry. The government should announce an attractive package to ensure regular supply of raw material. The producers of raw material are not getting a reasonable price
Statement : One of the problems facing the food processing industry is the irregular supply of raw material. The producers of raw material are not getting a reasonable price.

Courses of Action :
I. The government should regulate the supply of raw material to other industries also.
II. The government should announce an attractive package to ensure regular supply of raw material for food processing industry.
Raw material purchased:
1st January, 600 units @ Rs. 12 per unit
12th January, 500 units @ Rs. 14 per unit
21st January, 300 units @ Rs. 13 per unit
Raw material issued for manufacture:
3rd January 300 units
5th January 124 units
15th January 250 units
16th January 300 units
Raw material returned to stores from manufacturing department on 14th January, 50 units. The material is issued on First-in-First out method.
The value of material remaining in store on 21st January will be:
Product X is produced by mixing chemical A and chemical B in the ratio of 5 : 4. Chemical A is prepared by mixing two raw materials, P and Q, in the ratio of 1 : 3. Chemical B is prepared by mixing raw materials, Q and R, in the ratio of 2 : 1. Then the final mixture is prepared by mixing 8640 units of product X with water. If the concentration of the raw material Q in the final mixture is 50%, how much water had been added to product X?
The following bar graph shows the amount (in Lakh Rs.) invested by a Company in purchasing raw material over the years and the values (in Lakh Rs.) of finished goods sold by the Company over the years. The ratio of total amount invested for purchasing raw material from 2013 to 2015 to the total sales of finished goods in 2014, 2016 and 2017 is:
The price of raw materials has gone up by 15%, labor cost has also increased from 25% of the cost of raw material to 30% of the cost of raw material. By how much percentage should there be reduction in the usage of raw materials so as to keep the cost same?
Five horses participated in a horse race. The black horse finished ahead of the brown horse, the chestnut-coloured horse finished ahead of the grey horse, and the white horse finished ahead of the black horse. If the brown horse finished ahead of the chestnut-coloured horse, which horse won the race?
The bar graph shows the amounts (In Rs.) invested in raw materials and the value of finished goods for the given years. The average value of the finished goods was how much percent greater than the average value of the raw materials in all of the years?