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Let, number of book and number of pen sold by shopkeeper be 23x and 15x respectively. Number of pencil sold by shopkeeper = 14/5 × 15x = 42x So, 23x × 40 + 15x × 20 + 42x × 10 = 21320 ⇒ 920x + 300x + 420x = 21320 ⇒ 1640x = 21320 x = 13 Number of pen sold by shopkeeper = 15x = 195
If a firm has 100 in inventories, a current ratio equal to 1.2, and a quick ratio equal to 1.1, what is the firm's Net Working Capital?
Which of the following statement is not true with regards to a bearer plant as per IND AS 16:
With respect to time value of money, which of the following statement is incorrect?
Determine a firm's total assets turnover, if its net profits margin is 8%, total assets are 8,00,000 and the return on investment is 14%
While evaluating investments, the release of working capital at the end of the project life should be considered as __________.
Which Indian Accounting Standards (Ind AS) deals with "Financial Instruments"?
In context of Goods and Service Tax, A supplier registered under composition scheme is required to issue which document at the time of making supply?
While determining the Material Cost, _______ is not deducted from the purchase price.
It is treated as interest and finance charges. It is ignored.
What is the interest rate earned on digital currency e-rupee?
Which form is used to claim ITC in GST returns?