The following figures give the end of yearprofits of ten randomly selected businessesin Thika townOn the basis of this data, test whether theaverage profit is greater than 30𝑀 𝐾𝑒𝑠 𝑎𝑡 ∝= 0.01 level of significance.

Read the following case study and answerquestions:FORTUNELtd. is a company engaged in textile business having a share capital of Rs.2,00,000. Rema, the accountant of the firm is analysing its financial figuresand intends to prepare its statement of profit and loss for 2021. The sales ofthe company during this period were 7,00,000 and sales return were 40,000. Itspurchases were 4,95,000, wages amounted to 1,00,000, salaries amounted to15,000, rent amounted to 9,900, sundry expenses were worth 14,100 and alsothere was a discount (Cr.) worth 10,000. 5. What is the amount that will be shown in revenue from operations in the statement of profit and loss?1 point7,00,0007,40,0006,60,00028,10,0006. What is the amount that will be shown in other income in the statement of profit and loss?1 point5,00010,00020,000None of these7. What is the amount that will be shown in employee benefit expenses in the statement of profit and loss? 1 point71,00,00015.0001,07,5001,15,0008.What is the amount that will be shown in other expenses in the statement of profit and loss?1 point24,00014,1009,900None of these

An entrepreneur makes a business plan for her new company.Year 2024 2025 2026 2027Number of employees 3 6 12 24Number of clients 0 5 10 20Income ($ million) 0 0.5 2 3.5Profit ($ million) −0.3 0.1 0.5 0.9Which quantity increases linearly with the year?A. number of employeesB. number of clientsC. incomeD. profit

The statement which shows the net results of a business is?

A theoretical measure of the strength of a company is called its _______________________.Select one:a.sustainable growth rateb.return on profitc.percentage of salesd.return on investment

The average profit of a business over the last 5 years amounting to ₹ 60,000. The normalcommercial yield on capital invested in such a business is Deemed to be 10% per annum. Thenet capital invested in the business is ₹ 5,00,000. amount of goodwill, if it is based on 3 yearspurchase of last 5 years super profit will be(A) ₹100000(B) ₹180000(C) ₹ 30000(D) ₹ 150000