Ratio

This query is : Resolved 

04 April 2009 Pls confirm whether I am right or wrong

Net worth = Capital + Reserves + Profit

Regards
Praveeri




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




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query