Question : Who manages the affairs of the company on the behalf of shareholders?
Option 1: Managers
Option 2:
CEO and CFO
Option 3:
Board of Directors
Option 4: Members

Question

Question : The Current Ratio of a company is 2:1. State, that the following transaction would improve, reduce or alter the current ratio.

Issue of new shares against the purchase of fixed assets.

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Answer 1

Correct Answer:

Board of Directors

Solution : The board of directors is the term used to refer to all directors. The board manages and controls the activities of the company. Hence, the correct option is 3.

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Question : Who manages the affairs of the company on the behalf of shareholders?Option 1: ManagersOption 2: CEO and CFOOption 3: Board of DirectorsOption 4: Members

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Question : Who manages the affairs of the company on the behalf of shareholders?
Option 1: Managers
Option 2:
CEO and CFO
Option 3:
Board of Directors
Option 4: Members

Question : The Current Ratio of a company is 2:1. State, that the following transaction would improve, reduce or alter the current ratio.

Issue of new shares against the purchase of fixed assets.

Question :
Quick Ratio 1:1.Current Assets Rs 60,000, Current liabilities Rs 40,000. Calculate the value of inventory.

Question : The Current Ratio of a company is 2:1 . State, that the following transaction would improve, reduce or alter the current ratio.

Purchasing goods on credit.