Question
Aman is a working partner and Bablu is a sleeping
partner in a business and Aman puts in Rs.5000 and Bablu puts in Rs. 6000.Aman received 15% of the profit for managing the business and the rest is divided in proportion to their capitals the amount received by Aman out of the total profit of Rs.880.Solution
Investment of capital by Aman and Bablu is 5000: 6000. A: B = 5:6 Total profit = 880 Money got by Aman for managing the business=880 ×15% =132 Rs. Remaining amount =880-132 =748 Amount received by Aman =132+748 ×5/11 =132 + 340 =472.
What must a company do if a declared dividend has not been paid or claimed within thirty days from the date of declaration?
What is the full form of PRAN?
Using the following data, calculate the Economic Order Quantity (EOQ) for the consumption of materials:
Annual consumption: 10,000 kg
C...
In case a company considers a discounting factor higher than the cost of capital for arriving at present values, the present values of cash inflows will...
What type of a merger refers to two firms operating in same industry or producing identical products combining together?
What percentage of their total outstanding advances, are RRBs to lend to the sectors eligible for classification as priority sector lending and sub sect...
As per the Annual Report of IIFCL 2023-24, who is the Managing Director of IIFCL?
In a securitization, the issuer of asset-backed securities is best describes as the:
What is the group borrower exposure limit for an NBFC-IFC in the middle layer as per the scale-based regulations (SBR) for NBFCs?
Anger, frustration, humor etc. are which types of barriers to the effective communication?