Question

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What do you mean by accounting ratio ? What are its objectives.
10. From following statements calculate cash from operating
Statement
2008 Rs.
Profit and loss account
55,000
Debtor
25,000
Outstanding rent
12,000
Goodwill
41,000
Prepaid insurance
4,000
2,000
Creditors
13,000
19,000
Or,
2007 Rs.
60,000
31,000
21,000
38,000
a​

Answer 1

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