Question
The average age of a group of 20 persons is found to be
27 years. Later it is found that age of two of the persons is calculated as 25 and 30 instead of 55 and 20. Find the correct average age of the group.Solution
Required average = {(20 × 27) – 25 – 30 + 55 + 20}/20 = 28 years
Opening work in process inventory can be calculated as under
If the PV ratio us 80% and MOS is 20000. Calculate FC if SP per unit is 5 and Contribution is 40000.
Which of the following is NOT a requirement for charging income-tax on capital gains?
According to the dual aspect concept in accounting, how does each business transaction affect the accounts involved?
Which of the following is a use of funds in fund-flow analysis?
_______ is also known as General Ledger Adjustment Account.
According to the Modigliani-Miller (MM) theory (ignoring taxes), what is the impact of debt on the value of a firm?
Which of the following is not considered a general consideration before sourcing accounting software?Â
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An assessee is required to deposit how much % of advance tax liability on or before 15th June?
