A Firm has $3$ month's Debt Collection period. Its Sales are $\mathrm{Rs}.180 \mathrm{lac}$. What is the amount of Average Book Debts?

a. $\mathrm{Rs}. 48 \mathrm{lac}$

b. $\mathrm{Rs}. 45 \mathrm{lac}$

c. $\mathrm{Rs}. 36 \mathrm{lac}$

d. None of the above

Firm A's debtor are $60$ and stock $50$. Its sales are $1200$. Which of the following is not correct?

a. Debtors Turnover Ratio $= 20$ times

b. Stock Turnover Ratio $= 24$ times

c. Debt Collection Period $= 0.6$ months

d. None of the above

Firm A's sales are 1000, Debtors 100 and Stocks 50. Firm B's Sales are 1800, Debtors 125 and Stocks 150.

a. Firm A has better stock management and Firm B has better debtor management.

b. Firm A has better stock management and firm A has better debtor management.

c. Firm A has better stock management and better debtor management.

d. Firm B has better stock management and better debtor management.

Sales of Firm A — $1800$ and of Firm B — $2400$. Their stocks are $200$ and $240$ respectively. Choose the correct option:

a. Stock turnover ratio of A is high, hence its stock management is better.

b. Stock turnover ratio of A is lower, hence its stock management is better.

c. Stock turnover ratio of B is high, hence its stock management is better.

d. Stock turnover ratio of B is low, hence its stock management is better.

Sales of Firm $A — 4800$ and of Firm $B — 3600$. Their debtors are $700$ and $600$ respectively. Choose the correct option:

a. Debtor turnover ratio of $A$ is high, hence its debtor recovery management is better.

b. Debtor turnover ratio of $A$ is lower, hence its debtor recovery management is better.

c. Debtor turnover ratio of $13$ is high, hence its debtor recovery management is better.

d. Debtor turnover ratio of $B$ is low, hence its debtor recovery management is better.

A firm's net profit-$30,$ gross profit-$96$ and sales-$2400$:

a. Net profit to Sales ratio is $1.20\%$ and Gross Profit to Sales ratio is $4\%$.

b. Net profit to Sates ratio is $1.25\%$ and Gross Profit to Sales ratio is $4\%$.

c. Net profit to Sales ratio is $1.5\%$ and Gross Profit to Sales ratio is $4.5\%$.

d. Net profit to Sales ratio is $1.25\%$ and Gross Profit to Sales ratio is $5\%$.

Net profit of a firm is 40. Its Tangible net worth is 400 and long term liabilities are 400.

a. Its return on equity is 10%

b. Its return on equity is 20% 

c. Its return on investment is 10%

d. Its return on investment is 5%

A firm's net profit to sales ratio is $5\%$ and Profit is $80$. Its Stock turnover ratio is $20$ times.

a. Its sales are $1600$ and stocks are $80$.

b. Its sales are $2000$ and stocks are $100$.

c. Its sales are $800$ and stocks are $40$.

d. Adequate information not available for calculation of Funds Flow.

When asset is created by a firm, it is:

a. Sources of funds

b. Use of funds

c. Inflow of funds

d. None of the above