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Azad enterprises prepares a projected statement of profit and loss statement. The director has estimated various finance parameters as follows a) Transferred to Reserve and
Azad enterprises prepares a projected statement of profit and loss statement. The director has estimated various finance parameters as follows
a) Transferred to Reserve and Surplus Rs 45 crores
b) Dividend paid 40% of profit after tax
c) Tax rate 25%
d) Interest payment 35 crores
e) Expenses 55% of revenue
What is the estimated revenue ?
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