Question
A company has sales ₹20,00,000, cost of goods sold
₹12,00,000, operating expenses ₹4,00,000, interest ₹50,000, tax 30%. Net profit after tax is:Solution
Gross profit = 20,00,000 − 12,00,000 = 8,00,000. Operating profit = 8,00,000 − 4,00,000 = 4,00,000. Profit before tax (PBT) = 4,00,000 − 50,000 = 3,50,000. Tax = 30% of 3,50,000 = 1,05,000. PAT = 3,50,000 − 1,05,000 = ₹2,45,000.
When a motor vehicle is transferred in the name of another person, certificate of insurance is:
What is the maximum amount of interim compensation that can be granted by the Court under Negotiable Instruments Act?
When partnership firm can be dissolved by agreement?
Which of the following is not true about the tort of defamation?
Which of the following is not a Directive Principle of State policy as relating to International Peace and Security provided under Art. 51 of the Consti...
Which of the following is a tort against property?
Who has the administrative control over State commission?
According to Section 5of the IRDA Act, what is the tenure of office for the Chairperson and other whole-time members?
Do mere words amount to an assault?
According to Section 39 of the Code on Wages, 2019, what is the maximum period within which an employer must credit bonus to an employee's bank account...
