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Following are essential elements of a partnership firm except
What should be price elasticity of demand by proportionate method if Q 1 = 20000, Q 2 = 25000; P 1 = Rs. 10; P 2 = Rs. 8?
. . . . . . . . error arise due to chance difference between the members of population included in the sample and those not included.
Capital of firm in the beginning of a financial year was Rs. 1,00,000. At the end, total assets were Rs. 1,50,000 and total liabilities were Rs. 70,000. If total drawing during the year was Rs. 30,000, what is the gross profit or gross loss?
Insufficient working capital may result into which combination of the following? 1. Failures to adapt to changes. 2. Enhancement in credit-worthiness of the firm. 3. Reduced availability of trade and cash discounts. 4. Reduced volume of sales.