CAT Questions

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The financial statements should be prepared in the following order:

Income statement - Statement of retained earnings - Balance sheet

1. Income statement reports revenues and expenses and calculates net income or net loss for the time period.

2. Statement of retained earnings show how retained earnings changed during the period due to net income or net loss and dividends.

3. Balance sheet reports assets, liabilities, and stockholders’ equity as of the last day of the period.

Let the distance between A and B = D

Given the speed of maruthi = 60 kmph

Maruthi reaches from A to B in 6 hrs 20 min = 6 + 20/60 = 6 1/3 hrs

Now, the distance between A & B = D = speed x time = 60 x 19/3 = 380 kms

As the distance is same for toyato also,

given time for toyato = 4 hrs 45 min = 4 + 45/60 = 4 3/4 = 19/4 hrs

speed of toyato = distance/time = 380/19/4 = 380 x 4/19 = 80 kmph.

South African Chris Bertish has become the first person to cross the Atlantic Ocean on standup paddle. He made the epic 4,050-mile voyage alone at sea aboard his custom-built craft.

Giraffe have no vocal cords.