1341. The appropriate objective of an enterprise is _________.

A. Maximization of sale
B. Maximization of owner’s wealth *
C. Maximization of profits
D. None of these

1342. The job of a finance manager is confined to ________.

A. Raising funds
B. Management of cash
C. Raising of funds and their effective utilization *
D. None of these

1343. Financial decision involve ________.

A. Investment, Financing and divident decision *
B. Investment, Financing and sales decision
C. Financing, divident and cash decision
D. None of these

1344. Net profit Ratio signifies________.

A. Operational profitablity *
B. Liquidity position
C. Solvency
D. Profit

1345. Working capital turnover measures the relationship of working capital with _______.

A. Fixed assets *
B. Sales
C. Purchases
D. Stock

1346. Divident payout ratio is _________.

A. PAT capital
B. DPS/EPS *
C. Pref. Divident/PAT
D. Pref. Divident/equity divident

1347. Inventory turnover measures the relationship of inventory with ________.

A. Average sales
B. Cost of good sold *
C. Expected value analysis
D. Engineering value analysis

1348. The term “EVA” is used for _________.

A. Extra value analysis
B. Economic Value added *
C. Expected Value analysis
D. Engineering value analysis

1349. Return on investment may be improved by _________.

A. Increasing Turnover
B. Reducing expenses
C. Increasing capital utilization
D. All of the above *

1350. In current Ratio, Current assets are compared with ________.

A. Current profit
B. Current liabilities *
C. Fixed assets
D. Equity share capital