Networth
This query is : Resolved
30 December 2019
Hello sir
Please help me calculate networth from the following data given in a balance sheet
Current assets-3 crores
Fixed assets&cwip-1 cr
Other non current assets,assets held for sale&other financial assets-1 crore
Current assets,investments & tangible assets-11 cr
Current liabilities-1 cr
Other current liabilities,Non current liabilities,provisions,equity-2 cr
Accumulated losses-4 cr
Please guide
Please help me calculate networth from the following data given in a balance sheet
Current assets-3 crores
Fixed assets&cwip-1 cr
Other non current assets,assets held for sale&other financial assets-1 crore
Current assets,investments & tangible assets-11 cr
Current liabilities-1 cr
Other current liabilities,Non current liabilities,provisions,equity-2 cr
Accumulated losses-4 cr
Please guide
22 May 2020
The standard formula is Total assets minus total liabilities = net worth
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