alleryStart learning →Sales 10,00,000; COGS 6,00,000; SGA 1,50,000; depreciation 50,000. EBIT?
ARs 1,50,000
BRs 2,00,000
CRs 4,00,000
DRs 3,50,000
Answer & Solution
Correct answer: B. Rs 2,00,000
Deducting cost of goods sold, selling and administrative expenses and depreciation from sales leaves 10,00,000 - 6,00,000 - 1,50,000 - 50,000 = Rs 2,00,000.
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