2. Case Study:
Read the following hypothetical text and answer the given questions:
Mahesh and Ramesh were partners in Hotel business sharing profit and
losses in ratio 3:2. They sold food items across the counter and did home
delivery too. Their initial fixed capital contribution was ₹1,00,000 and
₹75,000 respectively.
At the end of first year their profit was ₹1,10,000 before allowing the
remuneration of ₹2,000 per quarter to Mahesh and ₹3,000 per half year to
Ramesh. Such a huge profit in the very first year and along with increase in
the demand for home delivery, encouraged them to expand their business.
They needed additional capital to meet the demand. Delivery van, few
Scotties and an additional person was required to support. Six months
later from the beginning of accounting year they decided to admit Usha into
partnership and offered her
th share in profits along with monthly
remuneration of ₹1,500. She was asked to introduce ₹1,20,000 for capital
and ₹60,000 for goodwill. Besides this Usha was required to provide
₹80,000 as loan for two years. Usha readily accepted the offer. The terms of
the offer were duly accepted and she was admitted as a partner.
Answers
Answer:
operations.foron Read the following hypothetical text and answer the given questions:Amit and Mahesh were partners in a fast-food corner sharing profits and losses in ratio 3:2. They sold fast food items across the counter and did home delivery too. Their initial fixed capital contribution was ₹1,20,000 and ₹80,000 respectively. At the end of first year their profit was ₹1,20,000 before allowing the remuneration of ₹3,000 per quarter to Amit and ₹2,000 per half year to Ranju. Such a promising performance for the first year was encouraging, therefore, they decided to expand the area of operations.For this purpose,
Answer:
Suppose you are a peasant who is being forced to grow indigo. A planter comes to you. What reasons would the planter give to persuade you? What problems would you point out? Enact the conversation.
(make it in a form of script)
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