Question: The balance sheet of a pharmaceutical company over three years is given below.The company paid a dividend of Rs. 30 million in Year 3 and
The balance sheet of a pharmaceutical company over three years is given below.The company paid a dividend of Rs. 30 million in Year 3 and Rs. 45 million in Year 4.
Assets/Liabilities
Year 2
Year 3
Year 4
Total assets
400
420
430
Liabilities to outsiders
200
225
215
Equity share capital
4
6
6
Reserves and surplus
196
189
209
Total of Liabilities and Equity
400
420
430
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The profits for the year 3 and year 4 are ____________________.
The balance sheet of a pharmaceutical company over three years is given above. The company paid a dividend of Rs. 30 million in Year 3 and Rs. 45 million in Year 4. How the company used the profit in Year 4?
To know the financial positon of a business as on today, you need ________________________.
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