c) lower stock
(d) low liquidity
Authorised capital of a company is Rs.5 lac, 40% of it is paid up. Loss
incurred during the year is Rs.50,000. Accumulated loss carried from last
year is Rs.2 lac. The company has a Tangible Net Worth of
(a) Nil
(b) Rs.2.50 lac (c) (-)Rs.50,000 (d) Rs.1 lac.
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