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

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Scope and nature of Accounting

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Ram supplied to kumar machinery worth rs 2000 in exchange for furniture worth rs 1000, goods for rs800 and cash rs 200. show how this would appears in Ram account ?

1 Answers  

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what is cash flow statement and fund fund flow statement

2 Answers  

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List out things that fall under intangible asset?

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what are the steps for the payment cycle of the firm or company?

0 Answers   Mittal Steel,

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how to pass entries for suspense account?

5 Answers   Reliance Construction,

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sir if we make purchase and sale for the same pary for the same amount what adjusting entry have to be passed to close that entry in tally. while taking bill wise details we can see the dr. cr.and have to cancell that

2 Answers   HEG, Optimus,

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Why Accountants have to or must prepare INCOME STATMENT in two stages Gross Profit And Net Profit

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Can you name any other accounting application?

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Which of the following statement is not true: (a) If del-creder’s commission is allowed, bad debt will not be recorded in the books of consignor (b) If del-creder’s commission is allowed, bad debt will be debited in consignment account (c) Del-creder’s commission is allowed by consignor to consignee (d) Del-creder’s commission is generally relevant for credit sales

2 Answers  

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how to treat visa renewal expenses in a company ? is it a prepaid expense?

1 Answers  

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