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The following information is available in relation to Britannia Baby Company. The Company has profit before taxes of Rs 50 lacs.
Particulars Amount
Rs in (Lacs)
1. Tangible assets purchased during the year 75
2. Depreciation charged on these tangible assets for the year @ 10% ?
3. Stock sold for the year 95
4. Loan given to Big Boy Company 150
5. Interest received from Big Boy company for the said loan @11.5% ?
6. Shares purchased of a company called as Arvind Mills 10
7. Dividend Received from Arvind Mills 1
8. Taxes paid for the year @ 30% ?
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