1. ......................... is not a method for detecting wrong mention of inventory in a stock statement. Answer : Analysis of financial statements
2. ...................... is not a danger sign about the direction of business of the borrower . Answer : Returns of cheques or bills
3. A bond with Par Value of Rs. 100 is purchased for Rs. 95.92 and it paid a Coupon rate of 5%. Calculate its current yield . Answer : 5.21 Explanation : Coupon = Face Value X Coupon Rate And annual interest paid = Market Price X Current Yield 5 = 95.92 X CY CY = 0.0521 = 5.21%