Question
A company faces a lawsuit for patent infringement. Legal
advisors state a 55% probability of losing with damages of ₹50 crore, but range could be ₹40–₹70 crore. Settlement discussions ongoing. How should the company account at year-end?Solution
Ind AS 37: provision required if obligation probable (>50%). Best estimate = most likely outcome; if no single most likely, use midpoint of range. Hence provision, not just disclosure.
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1, 27, ?, 343, 729, 1331
29 51 95 183 ? 711
5 14 56 220 1125 6786
...55 46 60 41 65 36 ?
20 25 54 165 662 ?
...140 300 380 420 440 ?
...If 4 10 16 26 x 50
Then find the value of (x² - 1) + ( x² + 1).
...720 ? 240 180 144 120
...If 2, 7, 20, x , 110, 235,
Then, 7 x + 7√x = ?
6000 3191 5216 3847 4688 4247
6125 a b �...
