WorksheetsAFS Mid Term Set 2
Total questions: 10
Worksheet time: 5mins
When was the Union Budget 2024 declared?
February 01,2023
February 01,2024
February 05,2024
March 03,2024
Which of the following is an effect of deflation?
Increased borrowing costs
Increased investment
Increased consumer spending
Increased profits for businesses
Return on Assets is calculated as
Net Expense / Avg Total Assets
Return on asset / Revenue
Net Income / Avg Total Assets
Total Assets / Total Revenue
Which of the following is NOT considered a component of EVA?
Net Operating Profit After Tax (NOPAT)
Cost of Goods Sold (COGS)
Total Capital
Cost of Capital
If you borrow money to purchase a house, what type of loan are you most likely to use?
Mortgage loan
Personal loan
Credit card loan
Student loan
Which of the following is a current asset?
Land
Equipment
Accounts Receivable
Buildings
The formula for calculating Gross Profit is
Revenue minus Cost of Goods Sold
Revenue minus Operating Expenses
Revenue minus Selling, General, and Administrative Expenses
Net Income minus Operating Expenses
Cash Flow Method using Accounting Standard - 3
Interface Method
Direct Method
Static Method
Indirect Method
Dividend Yield Ratio is calculated as
DPS/EPS * 100
DPS/MPS * 100
EPS/MPS * 100
MPS/DPS * 100
Net Revenue is calculated as
Total Revenue - (Returns + Dividends + Allowances)
Total Revenue - (Reserves + Dividends + Assets)
Total Revenue - (Returns + Discounts + Allowances)
Total Revenue - (Reserves + Discounts + Allowances)
