Thanks for the answer sir, 2) I actually meant that in LIFO we have higher profit , because we sell inventory purchased, at higher prices (latest) So why is the older inventory sitting in balance sheet and when it is sold it is said to be bad, Meaning Firm ko kabhi na Kabhi to usko nikalna hai naaRead more
Thanks for the answer sir,
2) I actually meant that in LIFO we have higher profit , because we sell inventory purchased, at higher prices (latest)
So why is the older inventory sitting in balance sheet and when it is sold it is said to be bad,
Meaning
Firm ko kabhi na Kabhi to usko nikalna hai naa ,
A) In Lifo, so that means in in later years when the company sells all old inventory the profit will rise
3) TA is total assets
PFA formula which I was talking about
And apologies for asking basic questions as I m from non financial background
Thanks for the reply sir The problem is that concepts are not clear in some subjects specially related to accounting, like FRA , and in others retention is a problem That is the reason of dilemma between February and May Also, for other subjects where retention is an issue, do I have enough time tRead more
Thanks for the reply sir
The problem is that concepts are not clear in some subjects specially related to accounting, like FRA , and in others retention is a problem
That is the reason of dilemma between February and May
Also, for other subjects where retention is an issue, do I have enough time till February
Using washroom in btw exam
so its better not use it as we will e wasting our precious time
so its better not use it as we will e wasting our precious time
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Wonderful explanation thanks a lot
Wonderful explanation thanks a lot
See lessQM
Thanks a lot sir 🙏
Thanks a lot sir 🙏
See lessQM
Thanks a lot sir 🙏
Thanks a lot sir 🙏
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In candidate resources, N=4 & CPT PV 96.69 ANS B 100 - 96.69 = 3.31 My question is that why it is subtracted from 100 , and not from carrying value
In candidate resources,
N=4
& CPT PV 96.69
ANS B 100 – 96.69 = 3.31
My question is that why it is subtracted from 100 , and not from carrying value
See lessLifo vs Lifo Liquidation
Thanks for the answer sir, 2) I actually meant that in LIFO we have higher profit , because we sell inventory purchased, at higher prices (latest) So why is the older inventory sitting in balance sheet and when it is sold it is said to be bad, Meaning Firm ko kabhi na Kabhi to usko nikalna hai naaRead more
Thanks for the answer sir,
2) I actually meant that in LIFO we have higher profit , because we sell inventory purchased, at higher prices (latest)
So why is the older inventory sitting in balance sheet and when it is sold it is said to be bad,
Meaning
Firm ko kabhi na Kabhi to usko nikalna hai naa ,
3) TA is total assets
PFA formula which I was talking about
And apologies for asking basic questions as I m from non financial background
See lessExam Feb or May
Thanks for the reply sir The problem is that concepts are not clear in some subjects specially related to accounting, like FRA , and in others retention is a problem That is the reason of dilemma between February and May Also, for other subjects where retention is an issue, do I have enough time tRead more
Thanks for the reply sir
The problem is that concepts are not clear in some subjects specially related to accounting, like FRA , and in others retention is a problem
That is the reason of dilemma between February and May
Also, for other subjects where retention is an issue, do I have enough time till February
See less