Amount of retained earnings which can be invested next year
Sudha Reddy
CA Final
★ 20K+
22-Jul-20 10:11
How is this possible ?
Thread Starter
Swathi Krishna
CA Final
★ 8K+
02-Aug-20 00:37
The proportion of equity is 80%. Hence, the amount utilized would be 80% of total capital. So, we have a total capital available 14,750 could be spent.