The following data are available from the annual report of a company : Current Assets ` 4,80,000; Current Liabilities ` 3,00,000; Average total assets ` 20,00,000; Operating income ` 2,40,000; Average total equity ` 8,00,000; Net income ` 80,000.Which of the following statement is correct ?

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The UGC NET management syllabus consists of these 10 units:

Management
Organizational Behaviour
Human Resource Management
Financial Statements
Financial Management
Strategic Management
Consumer and Industrial Buying Behavior
Statistics for Management
International Business
Entrepreneurship Development


The following data are available from the annual report of a company : <br />Current Assets ` 4,80,000; Current Liabilities ` 3,00,000; Average total assets ` 20,00,000; Operating income ` 2,40,000; Average total equity ` 8,00,000; Net income ` 80,000.<br />Which of the following statement is correct ?