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Ruchi

why the cash decreased by 5 crore's?

Assume that in July, Tata Motors paid Rs.5 Crores to an external IT consultant for a software project that took 6 months to complete. In July how much would Tata Motors' cash and net income decrease b...
Apr 01 2013 06:14 PM
abhaykr

Does COGS include salaries?

In the video when we are comparing the COGS of Infosys and Domino, we are saying that salaries cost form a small part of COGS. But when we had built basic model for pizza restaurant, we had taken sala...
Mar 31 2013 05:51 AM
karthik

query about Expense recognition

In this topic net income = revenue(-)expense right? Then according to question in Quiz there is no information given about revenue. So the answer should be final choice right? How come it is 2nd choic...
Apr 29 2013 05:15 PM
Gaurav

What is expense recognition and how is expense matched to revenue?

In the expense recognition video it was told that we divide the expense equally based on how much of the project has been completed so that we know the expense and its corresponding income. This parti...
Aug 05 2012 04:20 AM
marcbulley

Question in expense recognition video?

Hi, I had a couple of questions so far. I don't really think that we have covered Net Margin so far in the course, even though it was mentioned in the third topic of "The Company and it's financial st...
Nov 17 2012 06:46 PM
Rohit

How is net income calculated here??

Tata Motors paid Rs.5 Crores to an external IT consultant for a software project that took 6 months to complete. In July how much would Tata Motors' cash and net income decrease by due to this transac...
Nov 23 2013 01:17 AM
daksh2011

payments for import

how to treat LC charges, Buyers credit charges for import purchases & in which head it should be passed ...
Nov 18 2014 12:35 PM