Question
A merchant has 1200 kg of sugar, part of which he sells
at 9% profit and the rest at 15% profit. He gains 11% on the whole. The quantity (in kg) sold at 15% profit is:Solution
` =1/3xx1200=400kg`
In MS Excel, the function =PMT(rate, nper, pv) is used to calculate the:
Which computer application is most directly associated with automating the procure-to-pay cycle in an organization?
What does section 6 of the Income Tax Act deal about?
Which of the following is not regarded as advantage of computerized accounting system?
Money market is a market for ___ (1) ___ funds having maturity of ___ (2) ___.
A provision for onerous contract is:
ABC Ltd. reports two inventory items: Item A – Cost ₹10 lakh, NRV ₹12 lakh; Item B – Cost ₹8 lakh, NRV ₹6 lakh. How should inventory be valu...
A private company wants to issue shares to selected individuals through a private placement. Which section of the Companies Act, 2013 governs this process?
What are the major challenges an organisation may encounter when implementing budgetary control?
EBIT = ₹5,00,000; Interest = ₹50,000; Preference dividend = ₹25,000; Tax = 30%. Compute Financial Leverage.
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