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Let the original bill be Rs. x. After deduction of 20%, the remaining amount is Rupees 100. => x - 20% of x = 100 => x - (20/100)x = 100 => x - x/5 = 100 => 5x - x = 500 => 4x = 500 => x = 500/4 = 125 Therefore, the original bill is Rs. 125.
Company signs a ₹12 crore contract to deliver a software + annual maintenance for 3 years. Software is delivered in year 1 (₹8 Cr value), rest alloc...
What is project financing?
The most difficult type of misstatement to detect fraud is based on __________.
Calculate the labour efficiency variance with the help of the following information.
1. Actual hours incurred - 1100 hr at an actual rate of ₹8...
A company follows FIFO method of inventory valuation every year. Which accounting principle is being followed?
Assuming that the discount rate is 7% per annum, how much would one pay to receive ₹500, growing at 5%, annually, forever?
Refer to the following information to answer the next 4 questions.
Which of the following techniques was developed by Kaplan and Norton?
Which entity generally initiates securitization?
An instrument which is vague and cannot be clearly identified either as a bill of exchange, or as a promissory note, is called as:
