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The books of B Ltd. revealed the following information:
 
Q.On March 31, 2005, the value of inventory as per physical stock-taking was Rs.3,25,000.
The company’s gross profit on sales has remained constant at 25%. The management of the company suspects that some inventory might have been pilfered by a new employee.
What is the estimated cost of missing inventory
  • a)
    Rs.75,000
  • b)
    Rs.25,000
  • c)
    Rs.1,00,000
  • d)
    Rs.1,50,000.
Correct answer is option 'A'. Can you explain this answer?
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The books of B Ltd. revealed the following information:Q.On March 31, 2005, the value of inventory as per physical stock-taking was Rs.3,25,000.The companys gross profit on sales has remained constant at 25%. The management of the company suspects that some inventory might have been pilfered by a new employee.What is the estimated cost of missing inventorya)Rs.75,000b)Rs.25,000c)Rs.1,00,000d)Rs.1,50,000.Correct answer is option 'A'. Can you explain this answer?
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The books of B Ltd. revealed the following information:Q.On March 31, 2005, the value of inventory as per physical stock-taking was Rs.3,25,000.The companys gross profit on sales has remained constant at 25%. The management of the company suspects that some inventory might have been pilfered by a new employee.What is the estimated cost of missing inventorya)Rs.75,000b)Rs.25,000c)Rs.1,00,000d)Rs.1,50,000.Correct answer is option 'A'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about The books of B Ltd. revealed the following information:Q.On March 31, 2005, the value of inventory as per physical stock-taking was Rs.3,25,000.The companys gross profit on sales has remained constant at 25%. The management of the company suspects that some inventory might have been pilfered by a new employee.What is the estimated cost of missing inventorya)Rs.75,000b)Rs.25,000c)Rs.1,00,000d)Rs.1,50,000.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The books of B Ltd. revealed the following information:Q.On March 31, 2005, the value of inventory as per physical stock-taking was Rs.3,25,000.The companys gross profit on sales has remained constant at 25%. The management of the company suspects that some inventory might have been pilfered by a new employee.What is the estimated cost of missing inventorya)Rs.75,000b)Rs.25,000c)Rs.1,00,000d)Rs.1,50,000.Correct answer is option 'A'. Can you explain this answer?.
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