Question
According to the report of Finance Ministry, the
government has raised over Rs _____ lakh crore through disinvestment and strategic sale of public sector enterprises since 2014.Solution
The government has raised over Rs 4.04 lakh crore through disinvestment and strategic sale of public sector enterprises since the current government came into power in 2014, as per the Finance Ministry.
A company has debt of ₹50 lakh at 10% interest, equity of ₹1 crore with cost of equity 15%, and tax rate 30%. Calculate the WACC (weighted by market...
Which of the following transaction will affect the current ratio?
A director is appointed in _______
A company purchased machinery for ₹50,00,000 on 1st April 2020. Installation cost was ₹5,00,000. Residual value ₹3,00,000, useful life 5 years. On...
If the amount of any known liability cannot be determined accurately, then:
Claims paid during year = ₹150 crore; Outstanding claims at year-end = ₹20 crore; Outstanding at beginning = ₹15 crore. Calculate claims incurred.
Tangible property to be consumed in production of goods or services or held for sale in the ordinary course of business is defined as:
What is the Surrender Value of an insurance policy?
An oil company constructs a drilling platform at a cost of ₹200 crore. It estimates a dismantling cost of ₹30 crore at the end of 25 years. The pres...
An uncovered cost at the start of a year is Rs. 20,000. Full cash flow during the recovery year is Rs. 40,000, and years prior to full recovery are 3. T...