XYZLltd has a revenue of Rs.800000 and it has provided for depreciation at 10% SLM method.It has cash expenses of Rs.200000. The taxes are 50% p.a.Show the net earning on accounting approach basis and cash flow basis.
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nett profit 600000 *50℅ = 300000
non cash tax =300000
before tax profit= 600000
non cash depreciation200000
nett oprating profit = 800000
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