New electricity chapter

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C.A Final Student
20 Points Posted on 15 October 2013

WHILE CALCULATING RETURN ON EQUITY IN ELECTRICITY CHAPTER WHAT RATE HAS TO BE TAKEN TO MULTIPLY THE AVERAGE EQUITY SO AS TO GET RETURN ON EQUITY.

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On 15 October 2013 at 22:46 Report
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ipcc
20 Points Posted on 15 October 2013

even m also confused.i think its 14% but m not sure.

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On 15 October 2013 at 23:15
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M.Com and CA-FINAL
20 Points Posted on 16 October 2013

In electricity chapter of Accounts no topic i found in my notes regarding your Query....

 

Please Elaborate

 

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On 16 October 2013 at 09:34
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C.A Final Student
20 Points Posted on 16 October 2013

ASHWINI in new study material electricity chapter has been totally changed.In that chapter there are  topics known as return on equity,average capital cost,depreciation,advance against dep.ALSO THERE IS A QUESTION IN RTP NOV.2013 ABT CALCULATING AVG CAPITAL COST & DEPRECIATION.MY DOUBT is ABOUT RETURN ON EQUITY.IN STUDY MAT RATE OF RETURN ON EQUITY IS 23 %(APPX)  BUT IN SOME BOOKS IT IS SOLVED WITH 14 %.

 

WHICH 1 IS RIGHT.

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On 16 October 2013 at 19:56
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article
20 Points Posted on 21 April 2015

WHILE CALCULATING RETURN ON EQUITY IN ELECTRICITY CHAPTER WHAT RATE ?
& how it is calculated
Read more at: /forum/details.asp?mod_id=268030#.VTY7itKqqko

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On 21 April 2015 at 17:30
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Article Assistant
20 Points Posted on 04 May 2015
The pre tax fixed profit is to be considered as 18% thereby calculate 30% corporate tax therefore it ll be 23.4% and the same is considered even in study material...
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On 04 May 2015 at 15:15
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article assisstant
20 Points Posted on 04 May 2015
shrikanth please elaborate.
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On 04 May 2015 at 15:33
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Article Assistant
20 Points Posted on 04 May 2015
hey sorry tat is wrong wat i mentioned.. actual calculation is Return on equity is calculated by below formula i.e, Base rate/ 1-t therefore Base rate specified by electricity co is 15.5% and t is tax rate 30% + 10% surcharge i.e, 33% on this add 3% cess which sumsup to 33.99% now (15.5/1-0.3399)=23.481%
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On 04 May 2015 at 16:28

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