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Akshay and Deepak are two enterprising youth. They have passed out from IIM, Lucknow. They thought instead of doing a job, they will launch fresh vegetables in Indian markets. Having learnt of the future conventional foods, they decided to venture into cultivation of Capsicums. Capsicums are known to be the best alternative food for vegetarians. For Akshay and Deepak fund raising was a serious handicap for mass production. However, the first trial batch of Capsicums that they produced was bought by Star Hotel in Delhi. Further, the hotel placed orders for supply of 20 kgs every day. Now Capsicum industry is run by small entrepreneurs, like Akshay and Deepak. Another big player M/s Ajay Capsicums, equipped with cold storage facility was more interested in the export market. Akshay and Deepak have set their sights high. They aim to sell Capsicums in a very big way all over India. Capsicums have a great market potential and is a perishable food.
bonnie and clyde are the only two shareholders in getaway corporation. bonnie owns 60 shares with a basis of 6000 and
Whether he return on a cash or accrual basis. Whether particular amounts are ordinary income or statutory income (including capital). Under what sections of the Acts the particular amounts are assessable. How the quiz show winnings are to be treated...
directlabor-hours per unit annualproductionrims 0.80 13000 unitsposts 0.40 42000 unitsadditional information about the
which of the following is not a step in the accounting process?
on january 1 2013 nrc credit corporation leased equipment to brand services under a direct financing lease designed to
Prepare a pro forma income statement assuming costs vary with sales and the dividend payout ratio is constant. What is the projected addition to retained earnings?
which of the following is not descriptive of external environmental scanning? a. used as a tool to ensure a
natalie koebel spent much of her childhood learning the art of cookie-making from her grandmother. they spent many
kevin winthrop is saving for an australian vacation in three years. he estimates that he will need 4352 to cover his
With managing cash we don't want to give one person control over enough functions in the business where they have the ability to take cash and also cover up the fact that they took it.
Winter Wear is considering a 5-year project with an initial cost of $211,000. The project will produce cash inflows of $56,500 a year over the life of the project. What is the net present value (NPV), if the required rate of return is 15.8 percent..
The Tuxedo Division of Shamus O'Toole Company had operating income last year of $152,250,000 and average operating assets of $2,175,000,000. O'Toole's minimum acceptable rate of return is 8%.
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