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Praveeri

Praveeri (Querist)
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04 April 2009 Pls confirm whether I am right or wrong

Net worth = Capital + Reserves + Profit

Regards
Praveeri

CA LOKESH KASAT, FCA, M.Com

CA LOKESH KASAT, FCA, M.Com (Expert)
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04 April 2009 correct

CA Devanshi Gandhi (Ajani)

CA Devanshi Gandhi (Ajani) (Expert)
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04 April 2009 right

CMA KNVV Sri Vidya - Sri Kanth

CMA KNVV Sri Vidya - Sri Kanth (Expert)
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05 April 2009 Its correct

Prof.(Dr.)Paresh Shah

Prof.(Dr.)Paresh Shah (Expert)
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05 April 2009 NO IT IS NOT RIGHT
RIGHT FORMULAE AS UNDER
NET WORTH = SHARE CAPITAL + RESERVES AND SURPLUS + ACCUMULATED PROFIT LESS FICTITIOUS ASSETS i.e., MISCELLANEOUS EXPENDITURE STILL TO BE WRITTEN OFF

FOR RATIOS YOU CAN
REFER
FINANCIAL MANAGEMENT BY PARESH SHAH
(WILEY-BIZTANTRA)
Prof. (Dr.) Paresh Shah,
F.I.C.W.A., Ph.D.(Finance), F.D.P. (IIMA).
DIRECTOR, FENIL INSTITUTE,
ACCREDITED MANAGEMENT TEACHER
201, Klassik avenue, Near stadium petrol pump,
Swati society road, Navrangpura,
Ahmedabad 380 014.
Gujarat (INDIA)
Phone. 079-26449187
Cell: 98243-58505
website: www.fenilinstitute.org

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