Question
A company shows Profit after Tax ₹14 crore,
Depreciation ₹10 crore, Increase in Working Capital ₹6 crore and Term Loan repayment due next year ₹15 crore. What is the Cash available for Debt Service?Solution
Cash accrual = PAT + Depreciation = 14 + 10 = 24 Less increase in WC = 24 – 6 = ₹18 crore
More Basic Accounting Concepts Questions
FALLACY
- Choose the alternative which is closest to the opposite in meaning of the bold word in the sentence.
His actions were considered laudable by everyo... Choose the word opposite in meaning to the given word.
Abundant
Versatile
Obnoxious
...An independent person or body officially appointed to settle a dispute
An abnormal desire to steal
Pervasive
Choose the correct synonym of the word highlighted in each sentence from the alternatives given below it.
It has been raining incessantly since m...
Choose the word correct synonym:
Elevate
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