ABC Limited books of accounts show profit from operation (EBDIT) at ₹500 Lakhs, it paid 12% on a debt of ₹1,000 Lakhs, Depreciation is ₹100 Lakhs and Tax 35%. Profit after Tax will be :
CS Executive · Financial and Strategic Management · PYQS · December 2019
ABC Limited books of accounts show profit from operation (EBDIT) at ₹500 Lakhs, it paid 12% on a debt of ₹1,000 Lakhs, Depreciation is ₹100 Lakhs and Tax 35%. Profit after Tax will be :
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Financial Management
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