Question
What will be the impact on Return on Equity if cash is
paid to the creditors?Solution
Return on Equity (RoE) = Net Profit / Average Net Worth of the company As per accrual accounting, the transactions are recorded in the income statement based on when they occur and not based on the actual cash movement. As such, the net profit is not affected /changed when actual payment is made to the creditors. Thus, the RoE remains unaffected by the above transaction. Ā
Consider the following statements with reference to the socio-economic conditions prevalent in India during the 18th century:
1. Agriculture made...
The Kharsawan massacre in 1948 was a protest against what?
Who said āThe National feelings run right through all the Indian class and that is why you cannot carry on against the will of the peopleā?
The "History of British India" is a three-volume work by ________.
Consider the following statements with reference to Indian National Congress' stand before and during World War -II:
1. Indian National Congress ...
Match the following Indian freedom fighters with their respective movements.
1. Bhagat Singha) Non-Cooperation Movement
2. Subhas Chandra ...
Khudiram Bose, a notable figure in the Indian independence movement, was associated with which presidency during the British era?
Who among the following is known for his work on Medicine during the Gupta period?
Which player has made the record of most sixes in international cricket
With reference to Awadh, Consider the following statements:
1. Saadat Khan was appointed as the governor of Awadh by Mughal Emperor Ahmad Shah....
