EBIT stands for

• Earnings before Interest and Tax

• Earnings before Interest and Tariff

• Earn before Interest and Tax

• Earnings before Investment and Tax

Operating leverage =

• (A) Contribution x Earnings before interest and tax

• B) Contribution / Earnings before interest and tax

• (C) Earnings before interest and tax / Contribution

• (D) Earnings before interest and tax + Contribution

Break-even point is that level of sales revenue at which there is ________

• (A) Profit

• (B) Loss

• (C) No profit no loss

• (D) None of the above

External sources of funds are

• (A) Funds from long term loans

• (B) Sale of fixed assets

• (C) Both (A) and (B)

• (D) None of the above

IF THE SALES ARE RS 50,00,000 AND VARIABLE COSTS ARE 30,00,000

• CONTRIBUTION RS 80,00,000

• CONTRIBUTION RS 150,00,000

• CONTRIBUTION RS 15,00,000

• NONE OF THE ABOVE

CAPITAL STRUCTURE DENOTES THE COMPOSITION OF

• SHARE CAPITAL

• LONG TERM AND SHORT TERM DEBTS

• DEBT AND EQUITY

• RESERVES AND SURPLUS

BANK OVERDRAFT IS A FORM OF

• SHORT TERM FUNDS

• LONG TERM FUNDS

• BOTH

• NONE OF THE ABOVE

FINANCING DECISIONS RELATE TO THE

• DIVIDEND DECISIONS

• ASSETS PROCUREMENT

• RESREVE BUILDING

• ACQUISITION OF CAPITAL

IF THE SALES OF A FIRM IS RS 10,00,000 AND CONTRIBUTION IS RS 2,00,000 THEN VARIABLE COSTS ARE

• RS 5,00,000

• RS 8,00,000

• RS 12,00,000

• RS 20,00,000

CALCULATE THE FIXED EXPENSES IF CONTRIBUTION IS RS 15,00,000 AND EBIT IS RS 10,00,000

• RS 5,00,000

• RS 25,00,000

• RS -(5,00,000)

• NONE OF THE ABOVE