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Start learning 50% faster. Sign in nowIncreased investment of M = 5000 x 1.4 = Rs.7000 Increased investment of N = 6800 + 2400 = Rs.9200 Ratio of profit share of M and N = (5000 x 6 + 7000 x 6) : (6800 x 6 + 9200 x 6) = 3:4 So, total annual profit received by them together = 1600 x (7/4) = Rs.2800
Any casual vacancy in the office of an auditor shall in the case of a company whose accounts are subject to audit by an auditor appointed by the Comptro...
Product X requires 10 Kg of material at the rate of Rs. 5 per Kg. The actual consumption of material for the manufacturing of product X came to 12 Kg of...
GST is a consumption of goods and service tax based on
Which of the following statement is not true with regards to a bearer plant as per IND AS 16:
What is the appropriate method for calculating the cost of inventory when there are significant fluctuations in purchase prices?
An investment of ₹10 lakh yields ₹4L, ₹3L, ₹2L, ₹1L over four years. What is the payback period?
The Audit undertaken to check the implications of the top management decisions, having a financial bearing is otherwise known as:
An annuity that starts at a predetermined date in the future is called as:
GST applies to all goods and services EXCEPT:
Which inventory costing formula calculates value of closing inventory considering that inventory most recently purchased has not been sold?
