Question
According to Section 111 Explanation (ii), “continuing
unlawful activity” includes which of the following requirements?Solution
Section 111 Explanation (ii) states that continuing unlawful activity means a cognizable offence punishable with 3 years or more, with more than one charge-sheet filed in the preceding 10 years before a competent court, and the court has taken cognizance.
A company earned a Net Profit of ₹1,00,000. If the Net Sales is ₹12,50,000, out of which ₹10,00,000 is cash sales and remaining is credit sales, w...
In a cash flow statement, issuance of shares is classified under:
An entity, other than a financial institution, receives the dividends from the shares it owns in certain companies. The entity, while preparing its cash...
A holding company is required to prepare consolidated financial statements. The financials of which of the following will be includes in the consolidate...
VG Ltd shared the following details from its Balance sheet at the end of the year. What is its Current Ratio?
The PBT of a company is 2,00,000, preference dividend Rs.25,000, and taxes paid Rs.15,000. The number of equity shares is 1,00,000. The earnings per sha...
Match the following Ratios
A) Overall profitability ratio 1) Gearing Ratio
B) �...
Under which of the following head will repayment of loan be shown in a cash flow statement?
Given: Net Profit ₹4,00,000; Tax Rate 30%; Equity Share Capital ₹10,00,000 (Face Value ₹10). The Return on Equity (ROE) is:
Which of the following will be considered as debt while calculating the debt equity ratio of a company?
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