RPC Ltd. follows the written down value method of
depreciating machinery year after
year due to
(a) Comparability.
(b) Convenience.
(c) Consistency.
(d) All of the above.
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X of Kolkata sends out goods costing 300,000 to Y of Mumbai at cost + 25%. Consignor’s expenses Rs 5000. 1/10th of the goods were lost in transit. Insurance claim received Rs 3000. The net loss on account of abnormal loss is (a) Rs.27,500 (b) Rs.25,500 (c) Rs.30.500 (d) Rs.27,000
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1 Answers Satyaki Educational Academy,
1.A Company with a net income of $ 7,650 in a year and has 3,000 outstanding shares. Calculate the Earning per Share (EPS).
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