10. The following details of P Ltd. For the year ended 31.3.2016 are furnished: Operating leverage 3:1...
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10. The following details of P Ltd. For the year ended 31.3.2016 are furnished:
Operating leverage 3:1 Financial leverage 2:1 Interest charges per annum `20 lakhs Corporate tax rate 50%
Variable cost as the percentage of sales 60%
Prepare the income statement of the company.
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Related Book For 
Financial Management
ISBN: 9789352605606
1st Edition
Authors: Swapan Sarkar, Bappaditya Biswas, Samyabrata Das, Ashish Kumar Sana
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