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Questions and Answers
What is the formula for calculating the Cash Flow to Debt Ratio?
What is the formula for calculating the Cash Flow to Debt Ratio?
- (Total Revenue – Total Expenses) ÷ Total Revenue
- (Sales – Cost of Goods Sold) ÷ Total Sales
- (Cash + Marketable Securities + Net Accounts Receivable) ÷ Current Liabilities
- (Net Income + Depreciation) ÷ Total Debt (correct)
According to the Limited Liability Partnership Act, 2008, can any Individual or Body Corporate be a partner in a LLP?
According to the Limited Liability Partnership Act, 2008, can any Individual or Body Corporate be a partner in a LLP?
- No, only Body Corporate can be a partner
- No, only Individual can be a partner
- Yes, any Individual or Body Corporate (correct)
- Yes, any Individual but not Body Corporate
What is the Debt Equity Ratio used for?
What is the Debt Equity Ratio used for?
- Calculating Return on Equity Ratio
- Determining Quick Ratio
- Measuring Financial Leverage (correct)
- Calculating Gross Margin Ratio
When should a designated partner be appointed in a limited liability partnership (LLP)?
When should a designated partner be appointed in a limited liability partnership (LLP)?
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What does the Quick Ratio measure?
What does the Quick Ratio measure?
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In relation to financial statements, what does the Assets Turnover Ratio indicate?
In relation to financial statements, what does the Assets Turnover Ratio indicate?
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What does the P/E Ratio represent in financial analysis?
What does the P/E Ratio represent in financial analysis?
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'Save as otherwise provided', which act is exempted from applying to a Limited Liability Partnership?
'Save as otherwise provided', which act is exempted from applying to a Limited Liability Partnership?
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'Return on Equity Ratio' is calculated by dividing which two financial components?
'Return on Equity Ratio' is calculated by dividing which two financial components?
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'Gross Margin Ratio' is calculated by dividing which two financial components?
'Gross Margin Ratio' is calculated by dividing which two financial components?
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