Interest on capital will be paid to the partners if provided
for in the agreement but only
from________
(a) Profits.
(b) Reserves.
(c) Accumulated Profits.
(d) Goodwill.
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0 Answers Matrix Adhesive Incorporation,
Sold goods to Gasha 600 by cash
Period I :- Sales= Rs 15000. Profit= Rs 400. Period II :- Sales= Rs 19000. Profit= Rs 1150. Calculate : a) P/V ratio. b) Profit when sales are Rs 12000. Cc) Sales required to earn a profit of Rs 2000. d) Margin of safety in period II. e) variable cost in period I.
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