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Accounts receivable turnover ratio = Net Sales/ Average Account Receivables Average Receivables = (60,000+100,000)/2=80,000 Accounts receivable turnover ratio = 400,000/80,000 = 5
An asset is purchased for Rs. 10,000, on which depreciation is to be provided annually according to the straight-line method. The life of the asset is 4...
A business has the following inventory transactions:
• Opening Stock: 100 units @ ₹10
• Purchases: 200 units @ ₹12
• Sale...
Which is not a characteristic of corporate social responsibility?
What is the rate of Tax Deduction at Source from insurance commission?
(Commission amount is ₹20,000 and assessee is an individual)
For Goods Transport Organisation, which of the cost will be regarded as Fixed or Standing Charges?
In respect of income from house property, the collection charges are allowed up to a maximum of:
________ is the largest US electronic stock market in terms of shares traded and is the home to leading companies across all industry sectors such as Mi...
With respect to AS 11 (The effects of changes in foreign exchange rates), which of the following statement is incorrect?
Who will notify the rate of tax to be levied under CGST Act?
The price sensitivity of the market is an important factor of ________ element of micro environment.