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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

Likhitha Sivani

CA Inter

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29-Jun-21 16:30

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Answers (8)

Best Answer

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

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M V Naresh

M V Naresh

CA Final

3K+

29-Jun-21 17:19

M V 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

Likhitha Sivani

CA Inter

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29-Jun-21 17:29

Based on Date of fire...


M V Naresh

M V Naresh

CA Final

3K+

29-Jun-21 17:30

M V 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

Likhitha Sivani

CA Inter

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29-Jun-21 17:32

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


M V Naresh

M V Naresh

CA Final

3K+

29-Jun-21 17:46

M V 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?


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Likhitha Sivani

Likhitha Sivani

CA Inter

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29-Jun-21 17:50

Triveni Patil

Yes

Ok ji thank you so much


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Likhitha Sivani

Likhitha Sivani

CA Inter

14K+

29-Jun-21 19:27

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