3. Take Britannia Industries Ltd as a case. In the context of its financial statements and annual report answer the following.
a.) It’s a largely acceptable practice among the corporate entities to pay dividend to its shareholders. Take Britannia Industries Ltd as a case. Discuss and differentiate the types of dividend the company paid for the financial year 2020-2021. Also, mention your understanding about what could be the accounting treatment of Dividend in the books of Britannia Industries Ltd. (5 Marks)
b.) Discuss and share your understanding on any three profitability ratios which you feel relevant to assess the profitability of the company. (5 Marks)
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- The velocity of an object is the rate of change of its position with respect to a frame of reference, and is a function of time. Velocity is equivalent to a specification of an object's speed and direction of motion.
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