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Let the speed of the goods train be ‘s’ km/hr Distance covered by goods train in 18 hrs = s x 18 km Distance covered by express train in 7 hrs = 7 x 126 km Distance covered by goods train in 18 hrs = Distance covered by express train in 7 hrs So, 18s = 7 × 126 ⇒ 18s = 882 ⇒ s = 882/18 = 49 So, Speed of goods train = 49 km/hr
If a firm has been changing its depreciation policy every year, it is violating the_______ concept/principle of accounting.
There are certain expenses that may be in the nature of revenue but their benefit may not be consumed in the year in which such expenditure has been inc...
NRV or net realizable value of inventory is the expected selling price or market value less....