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General Sales tax (GST) is a form of consumption tax . From the perspective of the buyer, it is a tax on the purchase price. From that of the seller, it is a tax only on the value added to a product, material, or service, from an accounting point of view, by this stage of its manufacture or distribution.
Ratio of net profit before interest and tax to sales is:
Which of the following formulae correctly calculates the Operating Profit Margin?
Refer the following summarized Balance Sheet of Roy Ltd. as on 31‐3‐2023:
If MOS = 50000 units and BE units are 35000, then what are the Budgeted Sales units?
If the MOS = 20,000 units and PV ratio is 60%. Calculate profit if revenue per unit is 4.
What does the Basic Defense Interval ratio measure?
Refer the following summarized Balance Sheet of Roy Ltd. as on 31‐3‐2023:
Champion Ltd. define following data for calculating Current Ratio:
Current Assets Rs.20,00,000 ,
Inventories Rs.10,00,000 ,
Working Capital Rs.12, 00,000.
Which conditions must be met for a third party’s customer due diligence to be accepted by an RE?
Refer the following summarized Balance Sheet of Roy Ltd. as on 31‐3‐2023: