Question
XYZ & co is a partnership firm that has been operating
for five years. The firm has consistently achieved average annual profits of ₹1,00,000. The capital employed in the business is ₹5,00,000. The partners estimated a normal rate of return of 10% for businesses in the same industry. Calculate the goodwill of the firm being 3 years' purchase of super profit.Solution
The correct answer is D
What does Schedule II of the Companies Act delas with_____________
Social agreements are____________________
Which section of the PMLA mandates reporting of suspicious transactions by banking companies and other financial institutions?
In order to apply the doctrine of Res-Judicata, which of the following is “former suit”?
In which of the contingencies Article 31 A (1) of Indian Constitution applies?
If for a period of sixty days a member of either House of Parliament is without permission of the House absent from all meetings thereof
Meaning of Res judicata is:
Extension of the mediation period beyond 120 days requires:
What is the maximum number of officers (not below Joint Secretary) from various Ministries (other than Commerce, Revenue, Economic Affairs) nominated by...
A rescues B, a person in lawful custody, and in so doing causes grievous hurt to C, a constable in whose custody B was. A may be charged with?
