Question

7. The selected financial data for A, B and C Companies for the year ended December
llows:
A
B
Variable expenses as a percentage of sales
66
60
Interest expenses
Rs 200
Rs 300
5-1
6-1
Degree of operating leverage
Degree of financial leverage
3-1
Income tax rate
0.50
0.50
Prepare income statement for A, B and C companies and comment on the financial position and structure of these companies
structure of these companies.​

Answer 1

Legislature of the Union, which is called Parliament, consists of the President and two Houses, known as Council of States (Rajya Sabha) and House of the People (Lok Sabha). Each House has to meet within six months of its previous sitting.