Hey while calculating capital employed (for goodwill) do we take market value or book value of assets?
and should return on investments be deducted from average frofits? pls help.
CA and CMA Ravinder Singh
(CA and CMA)
(853 Points)
Replied 02 February 2014
we take markte vale of assets and the return on non trade investements is deducted from avg profits.
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