21 October 2009
Preference share will be considered in Net worth canculation on not. 1) Net worth= Equity Share +Pre.-Share+ Reserve "OR" 2) Net worth = Equity Share+ Res & surplus.
21 October 2009
Networth: Equity Share Capital + Reserves + Preference Capital - Miscellaneous Expenditure.
It is the total assets of the company less its current liabilities, long term debt, and miscellaneous expenses. Net worth is also known as shareholder's equity or shareholders funds.
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