Question
ABC Ltd reports capital expenditure of Rs 12000,
long-term asset sales of Rs 4000, and depreciation expense of Rs 1200. The long-term asset sales were fully depreciated. What is the fixed capital investment for the year?Solution
Net Fixed capital expenditure during the year = Capital investments made during the year – proceeds from the sale of long-term asset = 12000 – 4000 = 8000 (As long-term assets were fully depreciated, depreciation is not deducted again).
Which program did SBI Life Insurance launch to engage B-School students to innovate in the life insurance sector?
Who is the writer of the book ‘Dangerous Earth’?
What is the primary aim of the 'Prithvi' program approved by the Union Cabinet?
Meghalaya won UIDAI awards for excellence in which two Aadhaar service categories?
Ayodhya is situated near which of the following river in uttar Pradesh?
Who became the winner of the title of IBSF World Billiards Championship in Kuala Lumpur, Malaysia?
At what age are children prohibited from employment in any factory, mines, or hazardous work in India?
When is World In Vitro Fertilization (IVF) Day observed globally to promote awareness of IVF technologies?
India’s first Gold ATM has been launched in which of the following cities?
Which of the following research organizations will be launching “One Week One Lab” campaign in the month of January 2023 ?
