On a given day, a bank had 16000 cheques returned by customers. Inspection of the first 800 cheques indicated that 100 of those 800 had errors and were therefore the available immediately for data processing. On this basis, hwo many cheques would be available immediately for data processing on that day?
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3 15569A money Bill in the Indian Parliament can be introduced only with the recommendation of the (a) President (b) Prime Minister (c) Speaker of Lok Sabha (d) Union Finance Minister
14 30166The Indian National Army (I.N.A.) came into existence in 1943 in (a) Japan (b) Then Burma (c) Singapore (d) Then Malaya
7 30061Debenture holders of a company are its (a) Shareholders (b) Creditors (c) Debtors (d) Directors
4 30907The Indian Income tax is 1 Direct and proportional 2 Indirect and proportional 3 Direct and progressive 4 Indirect and progressive
5 23745Post New MAHINDRA Interview Questions
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Volga is a large manufacturing company in the private sector. In 2007 the company had a gross sale of Rs.980.2 crore. The other financial data for the company are given below: Items Rs. In crore Net worth 152.31 Borrowing 165.47 EBIT 43.17 Interest 34.39 Fixed cost (excluding interest) 118.23 Calculate: a. Debt equity ratio b. Operating leverage c. Financial leverage d. Combined leverage. Interpret your results and comment on the Volga’s debt policy