Business and Finance MCQs Test 05 Preparation Online Leave a Comment / Economics / By Shani Malik Business and Finance MCQs Test 05 Preparation Online 1. Trading on equity' means:A. Use of fixed-interest borrowed funds for getting a higher return on equityB. Use of equity share capital for trade financingC. Having no borrowed fundsD. Trading in equity share capital Loading... 2. A schedule of balances drawn from the ledger is called:A. A trial balanceB. A statement of accountC. A balance sheetD. A profit and loss account Loading... 3. Finance is concerned with:A. Recording utilization of fundsB. All of the aboveC. Arrangement of fundsD. Identification of sources of funds Loading... 4. Break-even-point is a situation where:A. Business is at the point of dissolutionB. There is no profit no lossC. Profits-Costs D. Profits are negative Loading... 5. The relationship between EBIT and EPS gives:A. Financial leverageB. Operating leverageC. Composite leverageD. Normal leverage Loading... 6. Cost of goods sold refers to:A. Sales minus profitsB. Sales minus gross profitsC. Cost of materials, labour and overheadsD. None of the above Loading... 7. Debt Equity Ratio refers to the ratio of:A. Long term debt to shareholders' equityB. Debtors to equity share capitalC. Long term debt to equity share capitalD. Total debt to equity share capital Loading... 8. Current Ratio is the ratio of:A. Current liabilities to current assetsB. Fixed assets to total liabilitiesC. Current assets to current liabilitiesD. Current assets to total liabilities Loading... 9. In the pay back period method of capital budgeting, investment is divided by:A. Return on investmentB. Annual profitsC. Cumulative cash flowD. Constant annual cash flow Loading... 10. Under-capitalization refers to a situation where:A. The capital base justifies the earnings madeB. The capital base does not justify the amount of earnings made and needs to be enhancedC. The capital base is larger for the earnings madeD. The earnings ratio of the company equals the industry's earnings ratio Loading... Loading... Related NTS Results Post:Biology Mcqs Test 10 Online PreparationBiology Mcqs Test 13 Online PreparationChemistry MCQs Test 06 Online PreparationChemistry MCQs Test 05 Online PreparationBiology Mcqs Test 15 Online PreparationChemistry MCQs Test 07 Online PreparationIslamiat Mcqs Test 02 Online PreparationBiology Mcqs Test 14 Online Preparation