Question
Parent Ltd. acquired 80% of Subsidiary Ltd. on 1st April
2023. At the time of acquisition, the subsidiary’s retained earnings were Rs. 5,00,000. On 31st March 2024, the subsidiary reported total retained earnings of Rs. 8,00,000. What amount of post-acquisition retained earnings belongs to the parent?Solution
Post-acquisition increase = 8,00,000 – 5,00,000 = Rs. 3,00,000. Parent’s share = 80% = Rs. 2,40,000.
Fill in the blank given below using the correct idiom.Â
The team's lack of preparation for the important presentation proved to be __________...
Select the most appropriate meaning of the bold idiom in the given sentence.
This problem is a hard nut to crack ,it will take longer than the...
Get cold feet
Fill in the blank given below using the correct idiom.Â
Sarah's performance review came as a _______________ since she had not received any f...
Blue-blooded
His promotion is on the cards.
...Despite his initial reluctance, he finally decided to bite the bullet and join the team for the competition.
In the following question a proverb/idiom us given. Select the option that best describes the meaning of the given proverb/idiom.
Under the weat...
- Select the most appropriate meaning of the bold idiom in the following sentence.
The politician’s promise to reduce taxes was just a flash in the... Select the most appropriate meaning of the highlighted idiom.
The team members seem to be running around in circles.
