The following data relates to manufacturing company for the year 2006-07-” Net Profit as per P & L A/c-”Rs. 240000; Depreciation-”Rs. 80000; Goodwill written-off-”Rs. 40000 Profit on Sale of Fixed Assets-”Rs. 16000 Proposed Dividend-”Rs. 96000. The fund from operation would be-”

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The following data relates to manufacturing company for the year 2006-07-” Net Profit as per P & L A/c-”Rs. 240000; Depreciation-”Rs. 80000; Goodwill written-off-”Rs. 40000 Profit on Sale of Fixed Assets-”Rs. 16000 Proposed Dividend-”Rs. 96000. The fund from operation would be-”