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Business Studies

Joint Stock Company

If the invest...

Question

If the investment fixed assets as plant and machinery does not exceed 1cr. Than that particular firm comes under the category of ?

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Solution

That particular firm comes under small enterprise because here investment in plant machinery is More than 25 lakh rupees but does not exceed 5 crore rupees,where as investment in equipments is More than 10 lakh rupees but does not exceed 2 crore rupees.

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