Question
What is the average of the turnover of the company P,
company Q and company T in 2014, 2017 and 2016 respectively?Solution
Turnover of company P in 2014 = 105 lakh Turnover of company Q in 2017 = 75 lakhs Turnover of company T in 2016 = 105 lakhs Average Turnover = (105+75+105)/3 = 95 lakhs
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
If the organization has redeemed its preference shares, then this transaction will be reflected in the Cash Flow Statement under which of the activities?
An assessee is required to deposit how much % of advance tax liability on or before 15th June?