Options
- A
Depreciation on assets
- B
Inventory as on Balance sheet day
-
Total Equity
Correct answer
- D
Return on assets
Why this is the answer
Equity is calculated as Total Assets minus Total Liabilities. It represents the residual value after liabilities are paid.
Test yourself for real
Take a full NISM Series XV mock test.
Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.