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Cash Discount term 3/15, net 40 means:
Head Office of the Asian Development Bank located in:
Statement I When a null hypothesis gets rejected in statistical hypothesis testing, it is known as II type error in hypothesis testing. Statement II When a sample is small sized and parametric value of the standard deviation is not known, Z-test is the most appropriate test for hypothesis testing.
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.
Under perfect competition, a firm will be in equilibrium, when its AC is