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Fixed and working capital

Total questions: 12

Worksheet time: 6mins

Name
Class
Date
1.

Capital Budgeting affects _____and _______of a business.

a)

liquidity, profitability

b)

Solvency, liquidity

c)

profitability, solvency

2.

Which of the following are current assets?

a)

bills receivable

b)

debtors

c)

advance received from customers

d)

cash in hand/at bank

3.

Which of the following statements is not true with regard to use of fixed capital?

a)

It affects the long term growth of the business

b)

The business risk involved is low

c)

Large amount of funds are involved

d)

The investment decisions are irreversible

4.

Which among the following is not a factor affecting fixed capital requirements?

a)

Diversification

b)

Business cycle

c)

nature of business

d)

Financial alternatives

5.

_____represents investment in current assets required for day-to-day operations of the business.

a)

Long-term capital

b)

Working capital

c)

Capital Budgeting

d)

Medium-term capital

6.

Net working capital is the excess of _______ over _______

a)

fixed assets, current liabilities

b)

current liabilities, current assets

c)

Fixed assets, current assets

d)

current assets, current liabilities

7.

______ is the time span between the receipt of raw material and their conversion into finished goods.

a)

working capital

b)

operating cycle

c)

payback period

d)

production cycle

8.

Purchasing a new machine to replace an existing one is an example of

a)

Working capital

b)

Financing decision

c)

Dividend decision

d)

Capital budgeting decision

9.

Under which of the following circumstances the fixed capital requirement of a business is not likely to be high?

a)

When the raw material is not easily available

b)

Capital intensive techniques of production are used

c)

The growth prospects of a company a high

d)

When the financial alternatives are easily available

10.

The working capital requirement of a business is not likely to be high when?

a)

The nature of business is trading

b)

It is difficult to procure raw material

c)

Scale of operation of business is small

d)

The rate of inflation is low

11.

Under which of the following conditions the fixed capital requirements of a business is not likely to be low?

a)

When the raw material is easily available

b)

When the labour intensive production technique is used

c)

When the level of collaboration is low

d)

When the growth prospects of the firm are low

12.

The working capital requirement of a business is not likely to be low when

a)

The scale of the business operation is small

b)

When the growth prospects of the business are low

c)

When the raw material is easily available

d)

When the rate of inflation is high