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Warren Buffett On Value Investing...

Warren Buffett On Value Investing

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A, B and C sharing profits and losses in the ratio of 4 : 3 : 2, decide to admit D as a new partner with effect from 1st April, 2019. An extract of their Balance Sheet as at 31st March, 2019 is: Show the accounting treatment of Investment Fluctuation Reserve under the following alternative cases: Case 1. If there is no other information. Case 2. If the market value of Investment is RS.2,00,000. Case 3. If the market value of Investment is RS.1,91,000. Case 4. If the market value of Investment is RS.1,73,000. Case. 5 If the market value of Investment is RS.2,18,000.

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Rs. 20400 was divided in two parts and then invested. One part invested at 6.25% for 8 years yields the same interest as the other part invested at 7% for 5 years. What is the value of smaller part?