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Start learning 50% faster. Sign in nowMaximum profit will be earned when the cost price is least and selling price is maximum. Therefore, least cost price of 14 watches = 14 × 1100 = Rs. 15400 Maximum selling price of 14 watches = 14 × 1550 = Rs. 21700 Therefore, maximum profit that can be earned = 21700 – 15400 = Rs. 6300
Valuing inventory at cost or net realizable value is based on which principle?
If Selling Price is 9 per unit, variable cost is 5 per unit and fixed cost is 100000, calculate PV ratio?
Who is called father of modern accountancy who also described the duties and responsibilities of auditor?
Where a company is formed and registered under this Act for a future project or to hold an asset or intellectual property and has no significant accoun...
If the policy is without average clause, a claim for loss of profit will be?
What is the full form of CVC written on the credit cards?
Advance amount received from customers is not considered as sale. It is based on which concept?
With respect to standard costing, which of the following statement is incorrect?
Under which Section appointment of Company Auditor in the government companies define?
Which of the following allowances is NOT taxable under Income under head Salaries?
