Answer Posted / santosh kalburgi
PAT is the result of the profit reduced by depreciation,
interest and then tax. The depreciation saves the company's
money in terms of tax shield on Depreciation. When the
company shows the depreciation the profit reduces to that
extent, and so when that remaining income is taxed, tax
amount to the extent of depreciation gets saved.
| Is This Answer Correct ? | 17 Yes | 0 No |
Post New Answer View All Answers
Name some para-banking activities?
What according to you India should do to increase its exports?
Define banking?
What do you understand from 'internet banking'?
Why convertible securities are more attractive to investors?
Have you faced any failure in life? If yes, how did you overcome it?
Who are the partnering organizations with ifbi?
What are the various services provided by a commercial bank?
What are limited liability companies?
why do u came to EXIM bank?
What are the key features of Union Budget 2017?
What do you mean by interest coverage ratio?
What are the stages of 'money laundering' process?
Explain liquid ratio/ acid ratio/ quick ratio. What does it indicate?
I am using log-returns in a study, and I use CAPM to predict the expected return. When calculating the expected return from CAPM, how do I approach with log-numbers? Do I use log-numbers for interest rate, market return and beta, or only the first two?