Question
While preparing a Cash Flow Statement using the Indirect
method as required under AS 3, which of the following will not be deducted from/added to the Net Profit to arrive at the “Cash flow from Operating activities”?Solution
Explanation: Gain on sale of inventory is included in the normal course of operations , so it is already part of operating profit. The other items are non-operating and need adjustment.
Ankit deposits a sum of money at an annual compound interest rate of 12%. Over a period of 3 years, the interest accumulated amounts to Rs. 864. If he i...
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A man invested a certain amount of sum at 12.5% per annum simple interest and earned an interest of Rs.2700 after 3 years. If the same amount is investe...
A certain sum of money becomes 4000 in 6 years and Rs. 5000 in 10 years at any certain rate of simple interest. Find the principal amount.
What will be the ratio of simple interest earned on certain amount at the same rate of interest for 3 years and that for 9 years?
A farmer borrows â‚ą50,000 at a simple interest rate of 12% per annum. After how many years will the total interest amount to â‚ą30,000?
The difference between C.I and S.I on a certain sum for 3 years is Rs. 122 at 5% p.a. Then find the sum?
...A certain amount of money, when invested at an annual compound interest rate of 'x%' compounded annually, grows to 1.5376 times its original value in 2 ...
Naina lent Rs. 9,800 to Mohini for 4 years and Rs. 8,800 to Mitali for 6 years on simple interest at the same rate of interest and received Rs. 11,040 i...
A person invested some amount at the rate of 12% simple interest and a certain amount at the rate of 10% simple interest. He received yearly interest of...
