Haffkine Bio Pharmaceutical Interview Questions and Answers

Working capital is the amount of money a company has available for its day-to-day operations.

• Working capital is calculated by subtracting current liabilities from current assets.

• It is important for a company to have enough working capital to cover its short-term expenses.

• Examples of current assets include cash, accounts receivable, and inventory.

• Examples of current liabilities include accounts payable and short-term lo...read more

TDS stands for Tax Deducted at Source. It is a tax collection mechanism in India.

• TDS is the amount deducted from payments made by a person or entity to another person or entity.

• It is deducted at the time of making certain payments like salary, rent, commission, etc.

• TDS is deducted as per the rates prescribed by the Income Tax Act.

• The person deducting TDS is required to deposit it with the government and issue a TDS cer...read more

Fund flow statement shows inflow and outflow of funds during a period.

• It is prepared on the basis of changes in working capital.

• It helps in analyzing the sources and uses of funds.

• It shows the movement of funds from operating, investing and financing activities.

• It helps in identifying the liquidity position of the company.

• Example: Increase in accounts receivable indicates a decrease in cash flow.

• Example: Decrease in in