Question
βAβ started a business with the investment of Rs.
10000. After βxβ months and after 3 months from starting βBβ and βCβ, respectively, joined the business with the investments of Rs. 12000 and Rs. 16000, respectively. If at the end of the year, the profit share of βAβ and βBβ is equal then find the value of βxβ.Solution
Profit share ratio of βAβ, βBβ and βCβ = (10000 Γ 12):[12000 Γ (12 β x)]:(16000 Γ 9) = 10:(12 β x):12 Given, the profit share ratio of βAβ and βBβ is equal. So, 10:(12 β x) = 1:1 10 = (12 β x) x = 12 β 10 = 2 So, the value of x = 2
In an inventory control model the βBuffer stockβ is the level of stock
What is the primary regulatory body responsible for overseeing financial institutions in Hong Kong?
Which of the following is the primary method used by banks to assess the working capital requirement of a borrower?
As per Ind AS 16 / AS 10, the residual value of a tangible fixed asset should be:
Which of the following instruments is commonly used by banks to manage short-term liquidity needs?
Β Which of the following Act will govern the Digital Lending regulatory framework in India?
What is the portal on which an entity needs to register as an MSME? Β
βRevenues and expenses must be recorded in the accounting period in which they were earned or incurred, no matter when cash receipts or outlays occurοΏ½...
Consider the following statements regarding the use of bullion:
1) Bullion can be used for investment purposes as a hedge against inflation.
...What is the primary function of Credit Information Companies (CICs)?