Question
A and B invest in a business in the ratio of 2:3, B left
the business after X months, C joins the business with twice investment as compared to that of B. C invests for 2 months more than as compared to B. After a year, C receives 5/9th share of total profit. Find the time for which B was there in the businessSolution
According to question: Ratio of investment of A, B and C = 2 × 12 : 3x : 6(x + 2) C receives 5/9th of total shares, means shares of C = 5 and that of A + B = 4 Therefore, => 6(x + 2)/(24 + 3x) = 5/4 => 24(x + 2) = 120 + 15x => 24x + 48 = 15x + 120 => 9x = 72 => x = 8
Two firms, Firm A and Firm B, are identical in all respects except their capital structure.
• Firm A (Unlevered): It is entirely equity finance...
Company A and Company B both have a net income of ₹5 crores. However, Company A has equity of ₹50 crores while Company B has equity of ₹20 crores....
A company’s Profit before tax for the year is ₹6,00,000. Depreciation charged is ₹50,000. During the year, trade debtors increased by ₹40,000 an...
A firm’s gross profit is ₹50 lakh, sales are ₹2 crore. What is its gross profit margin?
XYZ Ltd. is a medium-sized manufacturing company. Its summarized Balance Sheet and additional financial information for the year ended 31st March 2024 a...
A company has the following details:
• Net Profit: ₹12 lakh
• Equity: ₹60 lakh
• Debt: ₹40 lakh
• Interest: �...
Refer the following summarized Balance Sheet of Roy Ltd. as on 31‐3‐2023:
A company has the following: Sales ₹10,00,000; Variable cost 60% of sales; Fixed cost ₹1,20,000. Contribution margin = ? Break-even sales = ?
Which conditions must be met for a third party’s customer due diligence to be accepted by an RE?
A company has:
• Net profit after tax: ₹60 lakh
• Depreciation: ₹30 lakh
• Interest on term loan: ₹30 lakh
• T...