(A) 40% (B) 50% (C) 70% (D) 100%
26. As per the provisions of companies Act, 2013 under which section, the
final Accounts of a company is prepared :
(A) 128 (B) 210 (C) 129 (D) 212
27. Out of the following which parties are interested in financial
statement ?
(A) Managers
(B) Financial Institutions
(C) Creditors
(D) All of these
18. Debt-Equity Ratio is :
(A) Liquidity ratio
(B) Activity Ratio
(C) Solvency Ratio
(D) Operating ratio
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Answer:
27. All of these parties are interested in financial position.
18. Debt equity ratio is a solvency ratio as it shows the solvent position of the company. Debt means or include loans etc and equity means owners fund.
Explanation:
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