X and Y are partners sharing profits in the ratio 2 : 1. Z is admitted for $${\frac{1}{4}^{{\text{th}}}}$$ share in profits and he brings his share of capital Rs. 12,000 in firm. The adjusted capital of Y is

Stock turnover 6 times
Total Sales Rs. 3,00,000
Gross profit Ratio 20%
Closing stock is Rs. 4,000 more than the opening stock. The opening stock will be:

What will be amount of gross profit/gross loss. If cost of goods sold Rs. 79,000, Sales Rs. 1,10,000, Purchases Rs. 30,000?

Match List-I with List-II and choose the correct answer:
List-I List-II
a. Shareholder 1. Creditor of company
b. Debenture holder 2. To be paid at the end of a pre-determined period
c. Redeemable debenture 3. Co-owner of the company
d. Bearer debenture 4. Transferable mere by delivery

A firm has total current assets of Rs. 10,000 (including inventory of Rs. 4,000), and total current liabilities of Rs. 3,000. What will be the amount of short-term bank borrowings to make the quick ratio 1.5: