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Commerce · Q1997

Accounting

Graduate and Post Graduate · Commerce · question 1997

Q1997

In the calculation of net profit of Rs. 15,00,000 for the period, Rs. 20,000 profit on sale of an asset and Rs. 10,000 depreciation have been taken into consideration. In this case funds from operations will be

A.
Rs. 15,00,000
B.
Rs. 15,30,000
C.
Rs. 14,90,000
Answer
D.
Rs. 15,10,000

Answer: Option C

Solution

Answer: Option C
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