Profit on sale of machinery comes under------------

Related MCQs

• The operating profit and net sale of a firm are rs.2,00,000 and rs.10,00,000 respectively then operating ratio will be
• Any gain on sale of non-current asset should be ----- from the net profit for determining funds from operation
• Sale of patent is classified under---------
• Ratio of net profit before interest and tax to sales is------------------------------
• Gross profit are Rs.50,000 and expenses not result in the application of funds are Rs.10000 funds from operation will be
• Goodwill written off is-----------to the net profit made during the year for calculating the cash from operation
• An appropriation of profit is ---------------------
• Under ------------------------ each item of expenses taken as a percentage on net sales
• Income tax payable come under ------------------
• Cash flow statements (based on AS-3) should be prepared and presented under------------------ method.