student
167 Points
Joined March 2009
yes shall be added to networth
Networth:
Equity Share Capital + Reserves + Preference Capital - Miscellaneous Expenditure
It is the total assets of the company less its current liabilities, long term debt, and miscellaneous expenses. Net worth is also known as shareholder's equity or shareholders funds. Net worth includes equity share capital and all reserves (including revaluation reserve) less expenses not written off. It is that part of the company which belongs to the shareholders.