Net sales Tk. 42,000. Gross profit Tk. 10,500 and operating expenses Tk. 2,100, how is the rate of net profit?

1.Which one of the following included with selling overhead?

2.In that year, if profit distributed according to the ratio of capital, how much profit Rahim will get?

3.What is the first and main objective of cost accounting?

4.If price of goods increase gradually which method is most appropriate for valuation of inventory?

5.Mentioned in the company's memorandum association is___Which one is correct? i. amount of ccapital ii. number of share iii. number of directors Which one is correct?

6.What indicate the interest on drawings of a partnership business?

7.Inventory means¾

8.Without partnership deed, which of the following a partner will get?

9.Which of the following is fictitious asset?

10.Liabilities of shareholders are__ Which one is correct? i. limited by share ii. unlimited iii. limited by capital Which one is correct?

11.How much is the amount of cost of goods sold?

12.The numbers of authorised shares of Sami company is 20,000 which is divided into Tk. 10 each. The amount of issued share capital is