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Total assets are calculated using the formula: Total Assets = Liabilities (Creditors) + Capital + Profit Here, Profit = Revenue earned - Expenses incurred = ₹7,50,000 - ₹2,00,000 = ₹5,50,000. So, Total Assets = ₹3,00,000 + ₹4,00,000 + ₹5,50,000 = ₹12,50,000 This includes the closing stock of ₹2,00,000.
What will be the impact on Return on Equity (RoE) if cash is paid to the creditors?
Which of the following is/are “inflation measuring indices” in India?
1. Consumer price index
2. Wholesale price index
...
Nagaland became the first Indian state to implement which type of insurance scheme?
Sharath wants to promote one of his employees to lead the new production team. He prefers to promote an employee with a low LPC score. Which attributes ...
Warehouse expense is an example of:
A Peer-to-Peer company in India is to be registered as a/an:
A manager is expected to solve problems and handle disturbances in the organisation. It is ____ role of a manager.
An asset, which has remained NPA for a period less than or equal to 12 months is called:
In which of the following years the regional rural banks start functioning in India?
Under the Raising and Accelerating MSME Performance (RAMP) scheme, which of the following components is NOT a focus area?
