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Divya Gupta 6 years ago

Some examples.??

Vishwajeet Jha 6 years ago

Extraordinary items are gains or losses in a company's financial statement that are infrequent and unusual basically, an item is deemed extraordinary if it is not part of a company's ordinary day-to-day operations.?
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Yogita Ingle 6 years ago

  • Operating profit is the remaining income of the company after paying off operating expense whereas Net profit is the remaining income of the company after paying all cost incurred by the company.
  • Operating profit helps to know how the company is managing its resources and its expense management whereas Net profit helps to know the actual profit made by the company in an accounting period.
  • Operating profit help in eliminating unnecessary operating expenses whereas Net profit help to know the profit and performance of the company in an accounting period.
  • In the case of operating profit is the profit that is generated from operational activities whereas Net profit is the profit generated from all source after deducting of all expenses.
  • Operating profit and its calculation parameters concentrate on core operational activity of the company whereas net profit and its calculation parameters concentrate on overall activity and other sources also for calculation profitability of the company.
  • Operating profit tells about the profitability of a company’s operations whereas net profit tells about the company’s abilities to generate for owners, stake owners, and shareholders.
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Vishwajeet Jha 6 years ago

the key differences between comparative and common size financial statements is that comparative financial statements present financial information for several years side by side in the form of absolute value percentages for both common size financial statement present all items in percentage terms.
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Vishwajeet Jha 6 years ago

financial analysis is the examination of business for from a variety of perspectives in order to fully understand the greater financial situation and determine how best to strengthen the business. A financial analysis looks at many aspects of a business from its profitability and stability to its solvency and liquidity.
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Vishwajeet Jha 6 years ago

Profit and loss account is a statement that shows the quantum of surplus funds available to thr entity at the end of a financial period. Whereas profit and loss appropriation account gives you details about how the surplus that is shown in the profit and loss account is going to be spent
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Cash at bank Current investment Trade receivable Etc....

Balram Kumar 6 years ago

Current assets are those assets which are in form of cash and cash equivalents or which get converted into cash within the operating cycle and 12 months from the daye of balancesheet

Tarun Kabdwal 6 years ago

Inventory Tp which can easily converted into cash
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Vishwajeet Jha 6 years ago

Noncurrent liabilities include debentures, long-term loans, bonds payable, deferred tax liabilities, long-term lease obligations, and pension benefit obligations. The portion of a bond liability that will not be paid within the upcoming year is classified as a noncurrent liability.
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Tanya Sharma 6 years ago

Profit and loss account or u can say profit and loss statement...
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Vishwajeet Jha 6 years ago

Examples of current liabilities include accounts payable, short-term debt, dividends, and notes payable as well as income taxes owed.

Deepak Kumar 6 years ago

O/s exp
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Vishwajeet Jha 6 years ago

VALUATION OF GOOWILL; A firms' reputation of generally assessed by Goodwill earned by the firm during its tenure. ... We may define Goodwill as; “The capacity of a business to earn profits in future is basically what it meant by the term “Goodwill”. “ Goodwill” is a present value of a firms' anticipated excess earnings.”
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Aitri Halder 6 years ago

Assets and liabilities at the beginning of the year, opening balance, and opening/previous year subscription (if it is given) & other items can be included as per the additional information.
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Ansh Jasuja 6 years ago

You can send question no. And book name of the question

Ansh Jasuja 6 years ago

Ask from your school teacher

Lemons Melons 6 years ago

I can help. Tell me your damn question

Aradhya Agarwal 6 years ago

If u can't type your query then how can we help u to solve your question

Sachin Kumar 6 years ago

I can't type because question is in ny book and it is very long
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Lunatic .. 6 years ago

I think cash flow moreover it has more weightage so prefer it over accounting ratios
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Yogita Ingle 6 years ago

Goodwill is an intangible asset associated with the purchase of one company by another. Specifically, goodwill is recorded in a situation in which the purchase price is higher than the sum of the fair value of all visible solid assets and intangible assets purchased in the acquisition and the liabilities assumed in the process. The value of a company’s brand name, solid customer base, good customer relations, good employee relations, and any patents or proprietary technology represent some examples of goodwill.

There are two distinct types:

  • Purchased: Purchased goodwill is the difference between the value paid for an enterprise as a going concern and the sum of its assets less the sum of its liabilities, each item of which has been separately identified and valued.
  • Inherent: It is the value of the business in excess of the fair value of its separable net assets. It is referred to as internally generated goodwill and it arises over a period of time due to the good reputation of a business.

Preet Kaur 6 years ago

It is of Two type -purchased and self generated goodwill

Preet Kaur 6 years ago

Goodwill is reputation earned by firm because of the hard work and honesty of employees
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Yogita Ingle 6 years ago

The Indian Partnership Act, 1932 governs partnership forms of business in India. Section 4 of this Act defines a partnership as the relationship between partners who have agreed to share the firm’s profits carried on by all or any one of them acting for all.

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Lunatic .. 6 years ago

A written agreement among partners during partnership business which states basis or purpose of it. It is not compoulsory for firm to prepare partnership deed

Yogita Ingle 6 years ago

A partnership is a unique form of business in which partners work together to achieve common goals. Due to this feature of partnerships, partners are allowed to decide the terms of their relationship with each other. The documents which they do so are called partnership deeds.

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