NextQ15

Gupta is the owner of KYC stores dealing in grocery items. He has an equity stake of Rs.4,00,000 in the business. He has borrowed Rs.6,00,000 from State Bank of India. His net profit for the year is Rs.1,40,000. The Return on Equity for Gupta will be 23.33%.

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Question 14

Give the two forms of budgeting process.

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