1)return on capital employed
net operating profit/capital employed*100
2)return on share holders capital
earnings available to share holders/shareholders capital employed*100
3)return on equity share holders capital
earnings available to equity share holders/equity share holders capital employed*100
4)return on assets
net profit after tax/average total assets
5)ROE= profit after tax /net worth
QUESTION
sir,
1) in which of the above cases profits has to be adjusted for non operating incomes & expenses
why non monetary assets nd liablities r considred while preparing financial statments
Respected Sirs,
Is it necessary to buy Accounting Standard Book along with Financial Reporing Book For ICWA fianl paper 16- Advanced Financial Accounting and Reporting.
when cash is received for interest on asset,then is it necessary that the journal entry must be CASH A/C....DR
TO INTEREST A/C
CANT IT BE WRITTEN
ASSET A/C....DR
TO INTEREST A/C
PLEASE EXPLAIN BY ELABORATING.....PLEASE
I AM NEW TO THE FIELD OF ACCOUNTING
Hello all,
I have recently been appointed in a Engineering & Fabrication company. Its manufacturing company of Telecommunication parts & accessories ,
which do not have a proper finance division up to now.
My responsibilities will be to plan and implement all the activities relating to finance division.
I need some professional advice, about how to take a start and make my position strong in the company.
I'll be thankful to all of you.
Regards,
Yoge
what will be the journal entry for interest earned on an asset and why?
as per my books it is
ASSET A/C....DR
TO INTEREST A/C
HERE INTEREST IS NOMINAL A/C, SO IT IS CREDITED BUT WHY IS ASSET IS DEBITED???
HERE BY EARNING INTEREST, THE VALUE OF THE CONCERNED ASSET IS NOT INCREASING THEN WHY IT IS DEBITED???
wat is d trtment of proposed dividend while preparin cash flow statement?
1) accounts starts where bookkeeping ends. is it correct?
2)which of the following is considered while preparing finacial statments?
a)non monetary assets and liablity
b)monetary assets
c)monetary liablities
d)none
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
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