Answer Posted / guest
depreciation are treated as expenses because it reduce the
value of assets use after use.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What are time sheets?
Define partitioning in accounting?
If the company acquires equipment prior to incorporation what are the accounting entries?
how to treat investment fluctuation fund in case of death of a partner
our cheque to Arshad Khan was dishonored?
SOLD GOODS WORTH 5000 TO AKBAR WHO PAID 3000 ON ACCOUNT
WHAT ELEMENTS OF YOUR JOB JNTEREST YOU THE MOST AND LEAST?
I got below mail stating to pay 8000 rupees to Wipro but when I went to wipro in sajapur, it was fake mail. If u receives this kind of mail, please don’t respond. Please inform to ur friends regarding this.
Wipro Limited
Dear candidate
Your Resume has been selected by ( Wipro Limited). I have attached your
Interview Process letter with this email. Kindly see the attached file.
Note - you can call in official working Hours Monday to Saturday – 9 Am to 2 Pm,
Company Website – www.wipro.com
Note - And more details you send a email Company
Email Add – career@wiprolimited.in
Best Of Luck
For More Details Please Click Here
Wipro Limited Case Study:
Deepak Hand tools Private Limited
DHPL is a small sized firm manufacturing hand tools. It
manufacturing plan is situated in Haryana. The company’s
sales in the year ending on 31st March 2007 were Rs.1000
million (Rs.100 crore) on an asset base of Rs.650 million.
The net profit of the company was Rs.76 million. The
management of the company wants to improve profitability
further. The required rate of return of the company is 14
percent.
The company is currently considering an investment
proposal. One is to expand its manufacturing capacity. The
estimated cost of the new equipment is Rs.250 million. It
is expected to have an economic life of 10 years. The
accountant forecasts that net cash inflows would be Rs.45
million per annum for the first three years, Rs.68 million
per annum from year four to year eight and for the
remaining two years Rs.30million per annum. The plant can
be sold for Rs.55 million at the end of its economic life.
The company would need to raise debt to the extent of
Rs.200 million. The company has the following options of
borrowing Rs.200 million:
a. The company can borrow funds from a nationalized bank at
the interest rate of 14 percent for 10 years. It will be
required to pay equal annual installment of interest and
repayment of principal.
b. A financial institution has offered to lend money to
DHPL at 13.5 per annum but it needs to pay equated
quarterly installment of interest and repayment of
principal.
Questions:
1. Should the company expand its capacity? Show the
computation of NPV
2. What is the annual installment of bank loan?
3. Calculate the quarterly installments of the Financial
Institution loan
4. Should the company borrow from the bank or from the
financial institution?
What is purchase returns accounting Why you want to change??? what is the basic difference between pooling of interest
method and purchase method in amalgamation A non-function currency claim:- Employee while updating a
non functional currency claim the system uses the period
end rate i.e. any claim pertaining to the period 01Aug -
25th Aug. the system uses the period end rate as of July
31st. (2) Also, what is the basis of using the period end
rate not the average rate for expenses claim. Can you
please clarify my question. what is the process of cenvat credit taken in service
tax( in direct & indirect service) Tell me about a situation where you showed determination?