AID17555: Anna dude Enterprises has Rs 5lacs in assets that
are financed with 100% equity. Fixed cost are Rs1.2lacs. The EBIT of Anna dude
Enterprises for the year is Rs80000. The applicable tax rate is 40%. In case
its EBIT increases by 10%and reduces by 10% Define, calculate & interpret
the
a. Net income
b. Return on equity