Question
Two trains started from stations ‘A’ and ‘B’ at
same time and started travelling towards each other at speeds of 80 km/hr and 70 km/hr, respectively. At the time of their meeting, the faster train has travelled 145 km more than the slower train. Find the distance between the stations ‘A and ‘B’.Solution
Let the distance travelled by slower train be ‘x’ km So, distance travelled by faster train = ‘x + 145’ km ATQ, (x/70) = {(x + 145)/80} Or, 80x = 70x + 10150 Or, 10x = 10150 So, x = 1015 Total distance between station ‘A’ and station ‘B’ = (1015 + 1015 + 145) = 2175 km
A company follows FIFO method of inventory valuation every year. Which accounting principle is being followed?
_______ Ratio is the indicator of firm’s financial leverage.
A company takes office space on a 5-year lease. As per Ind AS 116, what should be recognized in books at commencement?
Section 115JAA allows which of the following?
Which of the following cost are not excluded from the cost of inventories as per AS 2:
Preliminary expenses are the best example for _________.
A repair parts inventory for claim servicing includes slow-moving items. NRV has fallen for some SKUs, while others have long lead times. Can management...
Journal entry is not made for which of the following?
As per the Companies Act, 2013, CSR provisions are applicable if the company meets which of the following thresholds in any financial year?
Which inventory costing formula calculates value of closing inventory considering that inventory most recently purchased has not been sold?
Relevant for Exams:
