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In problem no.8 y they calculate upaward trend 15% only for thr last year sales in adjusted annual turnover

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Likhitha Sivani

CA Final

★ 14K+

29-Jun-21 16:30

418

Answers (8)

Best Answer

Compute trend to the extent of last year . Don't compute on current year figures..

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M Naresh

CA Final

★ 3K+

29-Jun-21 17:19

M Naresh

Compute trend to the extent of last year . Don't compute on current year figures..

If they didn't give seperately last year sales and current year sales then?

Thread Starter

Likhitha Sivani

CA Final

★ 14K+

29-Jun-21 17:29

Based on Date of fire...

M Naresh

CA Final

★ 3K+

29-Jun-21 17:30

M Naresh

Based on Date of fire...

Not that. If fire occured on 1/3/11 then they gave annual turnover as 1/310-28/2/10 is 250000 then in that case we don't have spereate sales for only 2010 the what we have to do

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Likhitha Sivani

CA Final

★ 14K+

29-Jun-21 17:32

I could understand part of the question if it is given apply trend

M Naresh

CA Final

★ 3K+

29-Jun-21 17:46

M Naresh

I could understand part of the question if it is given apply trend

Ok then if they give seperately we have to apply trend for previous year only. If they gave all at once we should apply trend on whole amount. Right?

Thread Starter

Likhitha Sivani

CA Final

★ 14K+

29-Jun-21 17:50

Thread Starter

Likhitha Sivani

Ok then if they give seperately we have to apply trend for previous year only. If they gave all at once we should apply trend on whole amount. Right?

Yes

Triveni Patil

CA Inter

★ 290

29-Jun-21 19:22

Triveni Patil

Yes

Ok ji thank you so much

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Likhitha Sivani

CA Final

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29-Jun-21 19:27