A. The financial condition at any given time
B. Only current assets
C. Only fixed assets
D. Only current and fixed assets
Related Mcqs:
- The ______________ of a chemical company can be obtained directly from the balance sheet as the difference between current assets and current liabilities ?
A. Cash ratio
B. Net working capital
C. Current ratio
D. Liquids assets - In declining balance method of depreciation calculation, the _____________________?
A. Value of the asset decreases linearly with time
B. Annual cost of depreciation is same every year
C. Annual depreciation is the fixed percentage of the property value at the beginning of the
particular year
D. None of these - The depreciation during the year ‘n’, in diminishing balance method of depreciation calculation, is calculated by multiplying a fixed percentage ‘N’ to the ?
A. Initial cost
B. Book value at the end of (n – 1)th year
C. Depreciation during the (n – 1)th year
D. Difference between initial cost and salvage value - Which of the following is not a component of depreciation cost ?
A. Repairs and maintenance cost
B. Loss due to obsolescence of the equipment
C. Loss due to decrease in the demand of product
D. Loss due to accident/breakdown in the machinery - Which of the following is not a component of the working capital for a chemical process plant ?
A. Product inventory
B. In-process inventory
C. Minimum cash reserve
D. Storage facilities - Which of the following methods of depreciation calculations results in book values greater than those obtained with straight line method ?
A. Multiple straight line method
B. Sinking fund method
C. Declining balance method
D. Sum of the years digit method - Gross earning is equal to the total income minus___________________?
A. Total product cost
B. Fixed cost
C. Income tax
D. None of these - _____________ method for profitability evaluation of a project does not account for investment cost due to land ?
A. Net present worth
B. Pay out period
C. Discounted cash flow
D. Rate of return on investment - According to six-tenths-factor rule, if the cost of a given unit at one capacity is known, then the cost of similar unit with ” times the capacity of the first unit is approximately equal to _____________ times the cost of the initial unit?
A. n
B. n0.6
C. n0.4
D. √n - Which of the following does not come under the sales expenses for a product of a chemical plant ?
A. Advertising
B. Warehousing
C. Legal fees
D. Customer service
