On the basis of the following information, prepare the profit and loss account for the Jack Paints
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On the basis of the following information, prepare the profit and loss account for the Jack Paints Limited for the year 2016–17. Show EBITDA, EBIT and PBT separately.
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Particulars Gross sales Excise duty Interest earned Dividend received Profit on sales of fixed assets Exceptional Income Material consumed Employee cost Manufacturing expenses Administrative and marketing expenses Depreciation and amortization Interest on borrowed funds Provision for tax for the current year Provision for tax of earlier year written back (in Crore) 5,528.82 403.74 131.30 1.85 10.70 25.46 2,840.24 280.84 718.73 295.27 60.74 13.76 336.46 6.29
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To prepare the Profit and Loss account for Jack Paints Limited for the year 201617 and identify the values for EBITDA Earnings Before Interest Taxes Depreciation and Amortization EBIT Earnings Before ...View the full answer
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