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same as double declining balance method, 200%

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Q: What is the statutory percentage method formula?
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What is the formula for percentage of sales method?

The formula used for percentage of sales is quite simple. It entails figuring out the total amount of sales which is equal to one hundred percent. The particular method used is a portion of the total sales.


Explain the percentage Method and total outlay method for measurement of Elasticity of demand with the help of sutable illustration?

formula for the arc elasticity of demand


What percentage is the statutory reserve for the banking companies?

20 percent


Is there any percentage deduction on non statutory deductions for an employee?

Yes


What is the formula of percentage?

The formula of percentage is pi. This is used in math.


What is the FORCAST formula?

The FORCAST formula is a method of analyzing reading levels, developed in 1975. The formula uses the percentage of one-syllable words as the basis for determining reading level, so that it eliminates the consideration of recurring technical terms.


Difference between Percentage of Completion method and Completed Contract method?

Difference between Percentage of Completion method and Completed Contract method?


What the difference between statutory and non statutory valuation?

Statutory valuation = this is a product of an act of law, I.e when a statute is specify the method that should be adopted in determining the value required for instance the land use decree in section 29 specify the method to be adopted in carrying out valuation for compensation so also in carrying out valuation for taxation. The various statutes concern, specify or indicate the method to be used. While non-statutory or natural valuation = are those arriving from a natural event. Which ever case, the valuer is also concern with the market value of the property. These includes valuation for sales, purchase, rentals mortgage etc.


How much percentage of the total time deposits of the banks is locked as statutory liquidity reserve in India?

10%


Interperiod tax allocation would not be required when?

statutory (or percentage) depletion exceeds cost depletion for the period


To verify section formula by graphical method?

You can verify section formula by graphical method if you cannot solve it using algebra.


How do you calculate the selling price if you know the cost and gross profit percentage?

Cost = Selling Price - Gross Profit By using this formula or method easily we can get the selling price of the product