Question
H Ltd owns 80% of S Ltd. S Ltd made a profit of ₹10
lakh this year. There are unrealized profits in closing stock of ₹1 lakh due to inter-company sale. What is group share in consolidated profits?Solution
Unrealized profit = ₹1L ⇒ Reduce group share accordingly Group share = 80% of (₹10L – ₹1L) = ₹7.2L
What was the venue of the 22nd National Conference on e-Governance 2019?
Who out of the following is a maestro of Santoor?
Which organ in the human body produces bile juice?
Who is Shubhanhu Shukla in relation to the Axiom 4 mission?
At which of the following places did the Indian Iron and Steel Company set up its first factory?
The compound of a metal found in nature is called:
Who became youngest girl in the world to conquer Mount Everest and Mount Elbrus (highest peak Europe)?
Which law was studied in the year 1787, in which it was said that the volume of a gas increases with its absolute temperature and if its absolute tempe...
Four letter-clusters have been given, out of which three are alike in some manner and one is different. Select the one that is different.
In Financial terms, Money Laundering is?
Relevant for Exams:
