As preferred should be minus from N.I according to formula. But in this sum you have added the Prfd Dvid. Why so?
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This is a Icai question and I had solved it using Combined Leverage concept but ICAI Has given a solution using Breakeven sales concept (which i think is not correctly solved) and answer in both cases is coming out to ...
Hi Everyone, I was practicing Income Statement (FRA) chapter and have a query in the question (Image attached) According to my understanding of Sir’s lecture, the answer should be option (A) but as per CFAI practice problems answer in option (C) Could anyone ...