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Amount received by Veeru after 3 years of investment = (3100 × 20 × 3)/100 + 3100 = Rs. 4960 Therefore, sum invested by Veeru at compound interest = Rs. 4960 Amount received by Veeru at the end of 5 years = 4960(1 + 0.2)2 = Rs. 7142.4
The format of the Financial Statement of a company is prescribed in:
Debt is considered cheaper than equity because:
_______ are denominated in GBP (Great Britain Pound) and issued in London. Issue proceeds can be used to fund UK operation.
The Companies Act 2013, contains ________.
A and B are partners having Capitals of ₹75,000 and ₹25,000, respectively, and a profit-sharing ratio of 4 : 1. C is admitted for 1/5th share in the...
State which statement is incorrect:
In India, the GST is based on the dual model GST adopted in:
Which one of the following is a correct equation?
Which inventory costing formula calculates value of closing inventory considering that inventory most recently purchased has not been sold?
Interest payable u/s 234C is computed at?