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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
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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