Costing MCQs

What is the capital structure referred to as when equity shareholder's funds exceed the total of debentures and preference share capital?

Match the items in List-I with the items in List-II. List-I List-II a. Debt equity ratio 1. $$\frac{{{\text{Net Profit before Interest and Tax}}}}{{{\text{Interest on Long-term Loan}}}}$$ b. Proprietary ratio 2. $$\frac{{{\text{Equity Share Capital}} + {\text{ Reserve}}}}{{{\text{Preference Share Capital }} + {\text{ Interest Bearing Finance}}}}$$ c. Interest coverage ratio 3. $$\frac{{{\text{Long-term Debts}}}}{{{\text{Shareholder's Funds}}}}$$ d. Capital gearing ratio 4. $$\frac{{{\text{Shareholder's Funds}}}}{{{\text{Total Assets}}}}$$

Increases in the efficiency of workers-

The value of opening stock as on 1stJanuary 2003 was Rs. 7,000 stock of Rs. 23,000 in January were purchased. COGS was Rs. 21,000. What was the value of closing stock as on 31st January, 2003?

Three types of standards are . . . . . . . .

Equivalent units represent the production of a process in terms of . . . . . . . . units.

Administration expenses are mostly . . . . . . . .

For conducting . . . . . . . . workers are studied at their jobs and all their movements and motions are noted.

When the debt turnover ratio is 4, what is the average collection period?