Fixed capital at the end of the year 2013 was ₹ 50 crore and at the end of the year 2014 ₹ 55 crore. Closing stock at the end of year 2013 and 2014 was respectively ₹ 10 core and ₹ 5 crore respectively. Gross investment during 2014 is:
Fixed capital at the end of the year 2013 was ₹ 50 crore and at the end of the year 2014 ₹ 55 crore. Closing stock at the end of years 2013 and 2014 was respectively ₹ 10 core and ₹ 5 crores respectively. Gross investment during 2014 is:
a) 0
b) 5
c) 10
d) 15
Anurag Pathak Changed status to publish December 21, 2023
Ans – a)
Explanation:-
Gross investment = Closing Fixed Capital + Closing Stock – Opening Fixed Capital – Opening Stock
Gross investment = 55 Crore + 5 Crore – 50 Crore – 10 Crore = 0
Gross Investment is the addition to the present stock of capital during the year
Anurag Pathak Changed status to publish April 9, 2023
