Business Data Management Quiz 2: 6 August 2023 (May 2023 term)

The total cost is Rs. 5000 and the quantity produced is 100 units. What is the average variable cost per unit if the fixed cost is Rs. 2,000? Round off to nearest whole number

A small company has current assets of Rs. 200,000, inventories of Rs. 50,000, and current liabilities of Rs. 100,000. What is the quick ratio? Round off to 2 decimal places

A consumer consumes three units of a good. The marginal utility obtained from the first unit is 10, and the marginal utility decreases by 2 with each unit consumed. What is the total utility? Round off to nearest whole number

A firm has Rs. 10,00,000/- as accounts receivable, while its annual sales turnover is Rs. 150,00,000/- . Calculate the firm’s debtor days (round the answer to 2 decimal places).

A firm with no fixed costs employs 1 person with at a salary of Rs 25,000 per month and buys material worth Rs 3 lakhs a year to produce and sell 100 units of a product during the year. At what price should the product be sold so that the net profit margin as a percentage of sales is 25% ? Round off to the nearest integer value

Which of the following is NOT a measure of liquidity?

The current ratio is calculated by dividing:

An e-commerce website was having a dry spell despite running a price promotion. To boost the sales, the website started showing small banners below every product with statements such as “someone purchased this product 2 hours ago / 4 people are looking at this product” and uses this to charge a premium, because it now seems as if the demand is very high. What pricing strategy is the website using?

Based on the above data, answer the given subquestions.

Calculate the market share of the top four firms. Round off to a whole number between 0 and 100

Based on the above data, answer the given subquestions.

Calculate the Herfindahl index. Round off to the nearest integer value between 0 and 10000