Question
Deferred tax asset is ₹5 lakh, expected to reverse in
2 years. Tax rate is 30%. What is the impact on profit?Solution
Deferred Tax Asset is recognized at the amount of future tax saving. On recognition, profit increases by that amount because the tax expense reduces by ₹5 lakh.
Non-spherical errors are related to
Under Perfect Competition, Consider X’s production function to be Q=(min{K,L})1/2 , the price of capital is Rs.2 and price of labor is Rs.1...
Which of the following could be a remedy for Multicollinearity Problem?
GNP exceeds NNP by:
How much additional financing did the World Bank approve to support India’s low carbon transition?
COR = 5:1, Savings rate = 12.5%, Population growth rate = 2.5%. Find growth rate of output.
All of the following curves are U-shaped, except the
For which of the following Farrar–Glauber test regression test is done?
An unbiased coin is tossed until a head appears. The expected number of tosses required is
R-square is the fraction of