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Solution Sold like hot cakes- sold out quickly. Running around in circles- putting efforts into something that is not worth it. On cloud nine - be extremely happy and excited. 1 is correct, as the sentence seeks to convey that the previous smartphone model sold out quickly after it had been released. 2 is correct, as the sentence tells us that despite making efforts, the person felt like putting in those efforts was worthless. 3 is incorrect, as the sentence tells us that winning the lottery made the person very happy. Thus, E is the correct answer.
In case a company considers a discounting factor higher than the cost of capital for arriving at present values, the present values of cash inflows will...
Sales = Rs. 50,000/-, G.P. on sales is 10%, Purchases 40,000/-, Opening Stock
= 70,000/-, Find the closing stock.
Read the following information to answer the below questions:
As per Schedule III of Companies Act, which of the following is not shown under ‘Other Current Liabilities’?
Which inventory method is banned as per Ind AS?
State which statement is incorrect:
The process of finding present value of a future amount is called:
A "small shareholder" holds shares of nominal value of less than or equal to ________.
With respect to AS 13 relating to Accounting for Investments, which of the following statement is incorrect?
__________ of an assessee determines the scope of chargeability of his/her income.
