The XYZ Co. Ltd. borrowed capital is NIL and entire capital block of ₹300 lakh is funded by owners. Earning Before Interest and Tax (EBIT) for the year @ 28.50%, applicable tax rate @ 45%. Calculate Earning After Tax (EA
CS Executive · Financial and Strategic Management · PYQS · December 2021
The XYZ Co. Ltd. borrowed capital is NIL and entire capital block of ₹300 lakh is funded by owners. Earning Before Interest and Tax (EBIT) for the year @ 28.50%, applicable tax rate @ 45%. Calculate Earning After Tax (EAT).
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Financial Management
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