Interested to Buy Any Domain ? << Click Here >> for more details...
asset = liab + equity , Asset = 120000 + 1 third of asset.
what is asset value.
- 7 Answers
- 10006 Views
- Vipro Lifescience Pvt, Wipro, I also Faced
- E-Mail Answers
Answer Posted / nish
160000
| Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
What are control ledgers?
While finalizing the current year’s profit, the company realized that there was an error in the valuation of closing stock of the previous year. In the previous year, closing stock was valued more by Rs.50,000. As a result (a) Previous year’s profit is overstated and current year’s profit is also overstated (b) Previous year’s profit is understated and current year’s profit is overstated (c) Previous year’s profit is understated and current year’s profit is also understated (d) Previous year’s profit is overstated and current year’s profit is understated
want to know the questions and answers frequently asking in banks at the time of interview for any cadre
Discuss the consistency concept in accounting
what is the deference between depreciation explanation
How do you build a successful business relationship?
What are the important things to be remembered while preparing a bank reconciliation statement?
sir i want know how to fill vat return
Can we Put "TAX INVOICE" in the sale in Transit (E1) Invoice.
Tell me the meaning of long-term notes payable is or long term liabilities?
Dear sir, In tally what is list of cost centres? and what is the list of cost categories?
Cash Processing
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 are a debit note and credit note with an example?
Tell me why did you select accounting as your profession?
