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Q. Regal Industries is replacing a grinder purchased 5 years ago for $15,000 with a new one costing $25,000 cash. The original grinder is being depreciated on a straight-line basis over 15 years to a zero-salvage value. Regal will sell this old equipment to a third party for $6,000 cash. The new equipment will be depreciated on a straight-line basis over 10 years to a zero-salvage value. Assuming a 40% marginal tax rate, Regal’s net cash investment at the time of purchase if the old grinder is sold and the new one purchased is

Q. For calculating trend percentages any year is selected as:

Q. Cost Accountant should report to the ……………management.

Q. Planning is that function of ……………………..which requires an efficient system of decision – making.

Q. In context of net operating profit, which of the following statements are true?

Q. Which of the following activities is NOT significant to the advancement of information technology?

Q. The working capital required to meet the seasonal need of the business is called _______.

Q. If the responsibility centre gets more revenue from output, then it is called -

Q. Which of the following is not a cash inflow?

Q. While preparing Cash Flow Statement, non-cash items and non-operating items are not required to be adjusted under________