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Mohan purchased a machinery amounting Rs. 10,00,000 on 1st April, 2001. On 31st March, 2011, similar machinery could be purchased for Rs. 20,00,000 but the realizable value of the machinery (purchased on 1.4.2001) was estimated at Rs. 15,00,000. The present discounted value of the future net cash inflows that the machinery was expected to generate in the normal course of business, was calculated as Rs. 12,00,000.

Q. The current cost of the machinery is:
  • a)
    Rs. 10,00,000
  • b)
    Rs. 20,00,000
  • c)
    Rs. 15,00,000
  • d)
    Rs. 12,00,000
Correct answer is option 'B'. Can you explain this answer?
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Mohan purchased a machinery amounting Rs. 10,00,000 on 1stApril, 2001. On 31stMarch, 2011, similar machinery could be purchased for Rs. 20,00,000 but the realizable value of the machinery (purchased on 1.4.2001) was estimated at Rs. 15,00,000. The present discounted value of the future net cash inflows that the machinery was expected to generate in the normal course of business, was calculated as Rs. 12,00,000.Q. The current cost of the machinery is:a)Rs. 10,00,000b)Rs. 20,00,000c)Rs. 15,00,000d)Rs. 12,00,000Correct answer is option 'B'. Can you explain this answer?
Question Description
Mohan purchased a machinery amounting Rs. 10,00,000 on 1stApril, 2001. On 31stMarch, 2011, similar machinery could be purchased for Rs. 20,00,000 but the realizable value of the machinery (purchased on 1.4.2001) was estimated at Rs. 15,00,000. The present discounted value of the future net cash inflows that the machinery was expected to generate in the normal course of business, was calculated as Rs. 12,00,000.Q. The current cost of the machinery is:a)Rs. 10,00,000b)Rs. 20,00,000c)Rs. 15,00,000d)Rs. 12,00,000Correct answer is option 'B'. 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 Mohan purchased a machinery amounting Rs. 10,00,000 on 1stApril, 2001. On 31stMarch, 2011, similar machinery could be purchased for Rs. 20,00,000 but the realizable value of the machinery (purchased on 1.4.2001) was estimated at Rs. 15,00,000. The present discounted value of the future net cash inflows that the machinery was expected to generate in the normal course of business, was calculated as Rs. 12,00,000.Q. The current cost of the machinery is:a)Rs. 10,00,000b)Rs. 20,00,000c)Rs. 15,00,000d)Rs. 12,00,000Correct answer is option 'B'. 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 Mohan purchased a machinery amounting Rs. 10,00,000 on 1stApril, 2001. On 31stMarch, 2011, similar machinery could be purchased for Rs. 20,00,000 but the realizable value of the machinery (purchased on 1.4.2001) was estimated at Rs. 15,00,000. The present discounted value of the future net cash inflows that the machinery was expected to generate in the normal course of business, was calculated as Rs. 12,00,000.Q. The current cost of the machinery is:a)Rs. 10,00,000b)Rs. 20,00,000c)Rs. 15,00,000d)Rs. 12,00,000Correct answer is option 'B'. Can you explain this answer?.
Solutions for Mohan purchased a machinery amounting Rs. 10,00,000 on 1stApril, 2001. On 31stMarch, 2011, similar machinery could be purchased for Rs. 20,00,000 but the realizable value of the machinery (purchased on 1.4.2001) was estimated at Rs. 15,00,000. The present discounted value of the future net cash inflows that the machinery was expected to generate in the normal course of business, was calculated as Rs. 12,00,000.Q. The current cost of the machinery is:a)Rs. 10,00,000b)Rs. 20,00,000c)Rs. 15,00,000d)Rs. 12,00,000Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of Mohan purchased a machinery amounting Rs. 10,00,000 on 1stApril, 2001. On 31stMarch, 2011, similar machinery could be purchased for Rs. 20,00,000 but the realizable value of the machinery (purchased on 1.4.2001) was estimated at Rs. 15,00,000. The present discounted value of the future net cash inflows that the machinery was expected to generate in the normal course of business, was calculated as Rs. 12,00,000.Q. The current cost of the machinery is:a)Rs. 10,00,000b)Rs. 20,00,000c)Rs. 15,00,000d)Rs. 12,00,000Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Mohan purchased a machinery amounting Rs. 10,00,000 on 1stApril, 2001. On 31stMarch, 2011, similar machinery could be purchased for Rs. 20,00,000 but the realizable value of the machinery (purchased on 1.4.2001) was estimated at Rs. 15,00,000. The present discounted value of the future net cash inflows that the machinery was expected to generate in the normal course of business, was calculated as Rs. 12,00,000.Q. The current cost of the machinery is:a)Rs. 10,00,000b)Rs. 20,00,000c)Rs. 15,00,000d)Rs. 12,00,000Correct answer is option 'B'. Can you explain this answer?, a detailed solution for Mohan purchased a machinery amounting Rs. 10,00,000 on 1stApril, 2001. On 31stMarch, 2011, similar machinery could be purchased for Rs. 20,00,000 but the realizable value of the machinery (purchased on 1.4.2001) was estimated at Rs. 15,00,000. The present discounted value of the future net cash inflows that the machinery was expected to generate in the normal course of business, was calculated as Rs. 12,00,000.Q. The current cost of the machinery is:a)Rs. 10,00,000b)Rs. 20,00,000c)Rs. 15,00,000d)Rs. 12,00,000Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of Mohan purchased a machinery amounting Rs. 10,00,000 on 1stApril, 2001. On 31stMarch, 2011, similar machinery could be purchased for Rs. 20,00,000 but the realizable value of the machinery (purchased on 1.4.2001) was estimated at Rs. 15,00,000. The present discounted value of the future net cash inflows that the machinery was expected to generate in the normal course of business, was calculated as Rs. 12,00,000.Q. The current cost of the machinery is:a)Rs. 10,00,000b)Rs. 20,00,000c)Rs. 15,00,000d)Rs. 12,00,000Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Mohan purchased a machinery amounting Rs. 10,00,000 on 1stApril, 2001. On 31stMarch, 2011, similar machinery could be purchased for Rs. 20,00,000 but the realizable value of the machinery (purchased on 1.4.2001) was estimated at Rs. 15,00,000. The present discounted value of the future net cash inflows that the machinery was expected to generate in the normal course of business, was calculated as Rs. 12,00,000.Q. The current cost of the machinery is:a)Rs. 10,00,000b)Rs. 20,00,000c)Rs. 15,00,000d)Rs. 12,00,000Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
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