| Originally posted by : jitin kumar tyagi | ||
 |
how to calculate return on equity in electricity chapter as per new syllabus of ipcc.... |  |
Calculation of return on equity = average capital cost x .30 x 14%
.
Calculation of average capital cost:
.
Opening balance of capital cost (A) + New capital cost incurred during the year = Closing capital cost (B)
.
Average capital cost = (A+B) / 2
.
-> Parveen Sharma Classes snapshots attached herewith.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
