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Problem No.11]The following details of Alpha Ltd. for the year ended 2010 arcfurnished: Financial leverage 2:1 Operating leverage 3:1. Interest charges per annum Rs. 20

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Problem No.11]The following details of Alpha Ltd. for the year ended 2010 arcfurnished: Financial leverage 2:1 Operating leverage 3:1. Interest charges per annum Rs. 20 lakh Corporate tax rate 40% Variable cost as percentage of sales 60% Prepare income statement of the company

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