Profit sharing ratio A and B = 7000 x 4 + 4500 x 8 : 12000 x 12 = 7:18 So, profit share of A = 7200 x (7/18) = Rs.2800
Original cost = 12,60,000; Salvage value = Nil; Useful life = 6 years. Depreciation for the first year under sum of years digits method will be:
For receiving grant from abroad under the Foreign Contribution Regulation Act, which of the following would give permission for the same?
The government of a developing country is facing a high fiscal deficit due to increased spending on social welfare programs and infrastructure projects....
In the context of cost accounting, overheads refer to indirect costs that are allocated to cost units or cost centres. The process of absorbing overhead...
Which amongst the following is not true about GANTT project management?
In case of an infrastructure project, a project finance account classified as ‘standard’ shall continue to be classified as ‘standard’ on accoun...
What is the target of fiscal deficit as a percentage of the GDP, for FY24-25, as per the Union Badget 2024-25?
Buffer stock’ is the level of stock
An analysis in which the firm’s ratio values are compared to those of a key competitor or group of competitors, primarily to identify areas for improv...
Which of the following statements accurately describes the concept of "crowding out" in the context of fiscal policy?
