Question
A, B and C enter into a partnership with a capital in
which A’s contribution is Rs. 15,000. If out of a total profit of Rs. 1200, A gets Rs. 400 and B gets Rs. 300, then C’s capital is:Solution
A : B : C = 400 : 300 : 500 = 4:3:5 Let their capitals be 4x, 3x and 5x respectively. Then, 4x = 15000 => x = 3750 C’s capital = 5x = Rs. 18750
In MS Excel, the function =PMT(rate, nper, pv) is used to calculate the:
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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:
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EBIT = ₹5,00,000; Interest = ₹50,000; Preference dividend = ₹25,000; Tax = 30%. Compute Financial Leverage.
