Q41
Statement I: Working capital leverage measures the responsiveness of return on equity for changes in current assets. Statement II: When the annual demand for an item is 3,200 units, unit cost Rs. 6, inventory carrying charges 25% per annum and cost of one procurement Rs. 150, the economic ordering quantity would be 700 units.
A.
Both statements are true
B.
Both statements are false
AnswerC.
Statement I is true, but Statement II is false
D.
Statement I is false, but Statement II is true
Answer: Option B
Solution
Answer: Option B
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