Question
Lakes freeze in cold countries in winter, leaving the
water underneath at –Solution
Lake ice cover is seasonal and occurs where average daily temperature is below the freezing point. Once formed the lake ice thickens over the course of the winter as the temperature gets colder. The lakes thermal structure prepares for ice with 0 (zero) degrees Celsius water at the surface and denser 4 degrees Celsius at the bottom.
Goodwill acquired in a business combination must be tested annually for impairment. To which level should it be allocated for testing?
During the year 2016-17, the profit of the business before charging manager's commission was Rs. 1,89,000. If the manager's commission is 5% after charg...
A software firm enters a contract for software license, customization, and after-sales support. Revenue is recognized over time for customization but at...
Calculate the inventory turnover ratio:
What does “Inhwa” in management perspective refer to?
In order to convert a proposal into a promise the acceptance must be:
According to GST Laws, from 1 August 2023, the e-invoicing is mandatory for businesses with annual aggregate turnover of over _______ in any previous fi...
A company purchased machinery worth ₹50,00,000 on 01-04-2021. The company provides depreciation at 10% per annum on Written Down Value method. On 01-1...
Monthly purchases = ₹20 lakh, lead time = 2 months. What is the LC amount required for an Inland Letter of Credit (LC)?
In insurance accounting, what is "policyholder surplus"?
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