15 200 C. 15 400 D. 18 400 E. 15 700 (A) Figure of share capital is assumed to be 100 the level of expenses. (C) 100, 120, 150, 200 (D) All of the Above, 6. Figure of net revenue from operations is assumed to be equal to 100 (B) Figure of gross profit is assumed to be equal to 100 (C) ... (12) Competitions (11) class10-mcq … (B) 10 Working capital may mean Gross Working Capital or Net Working Capital. 2. 1. Working Capital Working capital is very important for an organisation. Gross profit 50,000 Operating profit 42,000 Sales 250,00 0 What is the amount of operating expenses ? The working capital gap in simple words is the difference between total current assets and total current liabilities other than bank. Remember Multiple choice questions are having good weightage in the total marks of … (A) Common size Balance Sheet (B) In the form of Percentages B. Free PDF Download of CBSE Accountancy Multiple Choice Questions for Class 12 with Answers Chapter 13 Common Size Statements. 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In deciding the optimal level of current assets for the firm, management is confronted with __________. 2. From the following estimates of Sethal Ltd you are required to prepare a forecast of working capital requirements. This could have happened if. CFI is the official provider of the global Financial Modeling & Valuation Analyst (FMVA)™ FMVA® Certification Join 350,600+ students who work for companies like Amazon, J.P. Morgan, and Ferrari certification program, designed to help anyone become a world-class financial analyst. 5. (A) 1, 1.2, 1.5,2 Working capital gap= Current assets – current liabilities (other than bank borrowings) For example,Currrent if current asset is 100 and current… Net income approach B. MM approach. Solution(By Examveda Team) Net working capital refers to current assets minus current liabilities. The working capital over total assets ratio, sometimes referred to as the net working capital ratio, measures the net liquid assets of a business as a percentage of it’s total assets. (D) All of the Above, 2. (B) To provide for a common base for comparison The amount of current assets that varies with seasonal requirements is referred to as _____ working capital. comment. Maintaining an adequate amount of working capital is crucial for managers to pay their bills on time and have funds to grow the business. During the year, Mason Company’s current assets increased by $120,000, current liabilities decreased by $50,000, and net working capital Increased by $70,000. We hope the given Accountancy MCQs for Class 12 with Answers Chapter 13 Common Size Statements will help you. What is meant by Gross working capital ? Net product is equal to gross product net of: A. inflation. Main objective of Common Size Statment of Profit & Loss is : (D) Figure of total assets is assumed to be 100, 8. (A) In the form of Ratios Accountancy MCQs for Class 12 Chapter Wise with Answers PDF Download was Prepared Based on Latest Exam Pattern. A) $92,000 B) $62,500 C) $300,000 D) $8,000 37) Please choose one $ Debentures 1, 50, 000 Equity Capital 2, 00,000 General Reserve 90, 000 Accumulated profit 60,000 What is debt equity ratio ? Explain the concept of operating cycle. Accountancy MCQs for Class 12 Chapter Wise with Answers PDF Download was Prepared Based on Latest Exam Pattern. Along with fixed assets such as plant and equipment, working capital is considered a part of operating capital. 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