Answer / sankar m.vignesh

Net Profit is the real profit of an organization after meet
out all incomes and exps... Moreover the net profit should
be add with Capital. Becoz it increase the capital position
of a company, if loss it should be deduct from Capital....

Answer / rakesh

because we calculate tax amount in net proffit (Rakesh
kumar)

6. Your grandfather is 75 years old. He has total savings of Rs.80,000. He expects that he live for another 10 years and will like to spend his savings by then. He places his savings into a bank account earning 10 per cent annually. He will draw equal amount each year- the first withdrawal occurring one year from now in such a way that his account balance becomes zero at the end of 10 years. How much will be his annual withdrawal?

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what is mean FOB?

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come will open bank account... what journal will come...

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