One fine day, Ram was roaming around areas near Bani Park, a posh market area of Jaipur.
Question:
One fine day, Ram was roaming around areas near Bani Park, a posh market area of Jaipur. To his surprise, he found multiple Ram(s).
Ram remembered his childhood tragedy … when his parents, his brothers and all other family members were performing a traditional ceremony in Haridwar Kumbh Ka Mela mass pilgrimage in which people gather in millions to bathe in a sacred river. And suddenly Dacoits came and took all his brothers with them. Ram escaped (from being captured) by clinging on to his mother.
Now, all these Rams i.e., his brothers and blood relations were doing small businesses in and around Bani Park. They all had businesses having asset-size of maximum ₹100,000. Ram went and discussed with them the position statement of their businesses. He was able to make the following common size statements of these enterprises.
Unfortunately, Ram forgot to write the business names. Now, please help Ram in identifying the above common sized statements with the following businesses.
Ram also had access to some common size income statements.
Unfortunately, Ram forgot to write the business names. Now, please help Ram in identifying the above common sized income statements with the following businesses.
Step by Step Answer:
Financial Accounting For Management
ISBN: 9789385965661
4th Edition
Authors: Neelakantan Ramachandran, Ram Kumar Kakani